---
title: "What is SIP?"  
description: "A short explanation of the systematic investment plan."  
author: "Anjita D."  
published: 2023-09-21  
canonical: https://yourviews.mindstick.com/story/2586/what-is-sip  
category: "financial"  
tags: ["SIP", "financial", "money"]  
reading_time: 1 minute  

---

# What is SIP?

![What is SIP](https://yourviews.mindstick.com/stories/cf5d09eb-cc6f-48c0-ba05-807e63fbe632/images/a96cd30f-4e8f-4eb8-bbad-908392ebd6bd.jpeg) ![What is SIP](https://yourviews.mindstick.com/stories/cf5d09eb-cc6f-48c0-ba05-807e63fbe632/images/79afab43-8a5e-4d1e-af1e-64a6a7349647.jpeg) SIP stands for Systematic Investment Plan. ![What is SIP](https://yourviews.mindstick.com/stories/cf5d09eb-cc6f-48c0-ba05-807e63fbe632/images/f634e970-b9e4-4bce-a8c6-8c7f2435437d.jpeg) It is a type of mutual fund investment in which you invest a set amount of money on a regular basis, such as monthly, quarterly, or annually. ![What is SIP](https://yourviews.mindstick.com/stories/cf5d09eb-cc6f-48c0-ba05-807e63fbe632/images/2b29f2bc-9fa1-44f2-8cc4-cb5292142c93.jpeg) SIPs are a wonderful investment option for persons of all ages and risk tolerances. ![What is SIP](https://yourviews.mindstick.com/stories/cf5d09eb-cc6f-48c0-ba05-807e63fbe632/images/5bd7ed80-bd62-4b95-8de7-513546acb3a2.jpeg) They are a great way to invest in mutual funds for the long term. ![What is SIP](https://yourviews.mindstick.com/stories/cf5d09eb-cc6f-48c0-ba05-807e63fbe632/images/a96cd30f-4e8f-4eb8-bbad-908392ebd6bd.jpeg) You can start investing with as little as ₹100- ₹500 per month.

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Original Source: https://yourviews.mindstick.com/story/2586/what-is-sip

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