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We’ll list down few best SIP plans to consider investing in new year 2018. But before that lets get some concepts clear about the SIP itself. Increased awareness about the SIP will help a person to invest more wisely in mutual funds via SIP route. In order to make schemes attractive and affordable for small investors, mutual fund companies offers SIP Plans. What makes SIP plans best is the convenience with which one can buy units of mutual funds. In the past decade, SIP plans have really become popular among people in India.
Not only beginners, even experienced investors prefer to invest in equity through SIP route. SIP plans are super hit with small investors. They are affordable and convenient for the investors pocket. Gradual investment, coupled with the benefit of compounding makes SIP one of the best long term wealth building option.