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How to invest in SIP as a beginner?

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Learn and prosper

Before making SIP investments, conduct a thorough research. Seek guidance from a market expert if you’re a first-time investor. Educate yourself before making any SIP investment.
 

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Good returns

Do not entirely rely on good returns on SIPs. Make informed decisions and study every aspect of the SIP that you wish to invest in.
 

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SIP requires consistent effort

Market experts suggest that one must not start or terminate SIP at irregular intervals. Such actions can sometimes lead to financial losses. 

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A diversified portfolio

It is important to diversify SIP investments. This reduces the risk of financial losses and can help you benefit from different funds and sectors. 
 

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How much should you invest?

The investment amount should neither be too small or too large. It is essential to find the right balance while recognizing your financial needs.
 

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Do not follow the herd mentality

There is nothing more important than doing your own research. Choose a reliable brokerage app, complete the KYC process, and start your SIP journey. 
 

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SIP investments

Reports suggest that SIP investments amounted to Rs 19,186.58 crore in February 2024. The number of SIP accounts in February were 820.17 lakh.

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