SBI SIP plans in India
 

I want to know about system invest plan of state bank of India in India because I invest money in this plan of it so please tell me about its advantages.

Re: SBI SIP plans in India
 

Systematic Investment Plan is a tool of SBI for creating wealth by investing small amount every month for a period of time. It is a Mutual Fund scheme of SBI. I am sharing the advantages of SIP for you. You can use it fir your purpose.

Disciplined approach to investments
No need to time the market

Harness the power of two powerful Investment strategies:
Rupee Cost Averaging - Benefit from Volatility
Power of Compounding - Small investments create Big Kitty over time

Lighter on the wallet
Reap benefits of starting early