SIP Investments: The Ideal Choice for Millennials
SIPs are perfect for millennials due to their simplicity unlike traditional investments needing large sums, SIPs can begin with just ₹500 per month
SIPs help millennials cultivate financial discipline by requiring regular, countering tendencies to spend on lifestyle upgrades
SIPs leverage compounding, allowing millennials to reinvest returns and significantly boost portfolio growth over time
It provide unmatched flexibility, enabling you to adjust your investment amounts according to your financial situation
Allow for portfolio diversification across various asset classes, such as equity and debt funds
SIPs use rupee cost averaging to buy more units when prices are low and fewer when high, reducing the average cost per unit