Key Points
Through SIP investments, people attempt to achieve a wide range of goals, including buying a house, a car, arranging for higher education, and retirement planning...
The best approach to save for retirement or a child's education is through an equity SIP..
Since index returns can be obtained through an index fund, you invest in a SIP in order to benefit from active fund management..
Consulting a financial professional may be beneficial if you're having trouble deciding which mutual fund to start your SIP with..
However, choosing the best SIP mutual fund should include extensive research, just like choosing any other investment...
