Systematic Investment Plans (SIPs) are a popular way to invest in mutual funds. You invest a fixed amount at regular intervals, like monthly.

Benefits of SIPs:

• Rupee-cost averaging: Buys more units when prices are low.
• Discipline: Automates savings and encourages consistent investing.
• Flexibility: Start small and increase contributions gradually.

Things to consider:

• Choose funds aligned with your long-term goals.
• Select funds that match your risk tolerance.

Getting started:

• Research and select funds.
• Set up an auto-debit from your bank account.

SIPs can be an effective long-term wealth-building strategy.