SIP Investments: The Ideal Choice for Millennials

Aug 14, 2024 Tanvi Kaushik

SIPs are perfect for millennials due to their simplicity unlike traditional investments needing large sums, SIPs can begin with just ₹500 per month

[{"selector":"#anim-59d24aa8-2913-4b88-b246-7592b44a7c3d","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-59dfdef5-51d3-4b8e-9511-dfa38d47487d","keyframes":{"transform":["translate3d(0px, 64.15014%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0eebe525-4c7a-4e6b-a66d-78bdcc0798fd","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c6c280c7-d201-4e1c-8f3d-f4fa6b05c16f","keyframes":{"transform":["translate3d(0px, 122.81143%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c7b456d9-f8a6-4543-b2e8-6618d5c3d232 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-15.012669132002685%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

SIPs help millennials cultivate financial discipline by requiring regular, countering tendencies to spend on lifestyle upgrades

[{"selector":"#anim-fd576b55-845c-432b-bfab-35ab43d44d9e","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b1964f5a-aeb8-4086-bf41-98cd2ab6ef96","keyframes":{"transform":["translate3d(0px, 58.39198%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f6acc9a3-627e-402b-a2e8-7011f0b0a585","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-188cf335-1aae-434c-ac42-94050f787eeb","keyframes":{"transform":["translate3d(0px, 126.08910%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2cc8fcff-7786-46fb-af4d-4dd37259b822 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-11.402027188862803%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

SIPs leverage compounding, allowing millennials to reinvest returns and significantly boost portfolio growth over time

[{"selector":"#anim-4bca7257-71f7-4cfc-8f9c-b918eb0b942f","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0086edd4-428d-4525-bcb8-05cfb762064e","keyframes":{"transform":["translate3d(0px, 57.24034%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-db9bcab1-6236-4f0d-b5c7-1012d9d2e0a3","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-41b81dc4-f75f-4234-89de-9d0fbbc605cb","keyframes":{"transform":["translate3d(0px, 125.31957%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6844b3e5-9223-41ad-b3c0-a63d12005167 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

It provide unmatched flexibility, enabling you to adjust your investment amounts according to your financial situation

[{"selector":"#anim-cd10c225-2de5-4870-8f27-3e671b9f184a","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7b0259eb-28ff-431d-ab3a-1dcea90eefdb","keyframes":{"transform":["translate3d(0px, 56.66454%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-94fc91dd-5540-4bbf-8ed5-66afa6ae6d66","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1afe5590-832e-493a-8f3a-4e43b70dc749","keyframes":{"transform":["translate3d(0px, 124.76751%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1bbf9221-3638-477a-8319-94a223513ae7 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-14.031131670195656%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

Allow for portfolio diversification across various asset classes, such as equity and debt funds

[{"selector":"#anim-19992dd0-84b9-42a6-aafb-91e1c972ba43 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(2.0642000433152177%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-55913f3b-c3c2-4f4d-aa67-6f5090167e28","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e91722c6-45af-4acb-a641-77689f233d22","keyframes":{"transform":["translate3d(0px, 50.52249%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-24058777-0e18-4020-a550-2dc587476012","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d4829ce3-ce0b-4f68-befd-612d09ddb622","keyframes":{"transform":["translate3d(0px, 130.11696%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

SIPs use rupee cost averaging to buy more units when prices are low and fewer when high, reducing the average cost per unit

[{"selector":"#anim-fb144dbc-2b0a-43ca-be9d-c36d2e84b5f8","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5bcc8e48-b53d-482d-833d-149d1643e260","keyframes":{"transform":["translate3d(0px, 57.62423%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-22bbbaf4-75c3-412d-ba66-1a2d5efaf138","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-563c86c0-2d2c-4565-b081-b347617c5745","keyframes":{"transform":["translate3d(0px, 125.31957%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9b6088dd-7b3f-439d-b2e6-c70bf28a81a4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-3.0181309678070534%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

Read More Musk, Zuckerberg, Bezos to Join Trump’s Inauguration Psychologist Exploits Vulnerable Women: 50 Raped Over 15 Years in Nagpur Maha Kumbh 2025: Brands Dive Into the World’s Largest Religious Gathering Donald Trump’s Inauguration Day 2025: Full Schedule and Key Events