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New Delhi [India], June 17: A Systematic Investment Plan (SIP) is one of the simplest and most disciplined ways to build wealth over time. Instead of investing a lump sum, SIP allows you to invest a fixed amount or flexible amount regularly, monthly or quarterly, into mutual funds. This method reduces timing risk and leverages the power of consistency. Especially for long-term financial goals such as retirement, buying a house, or funding education, SIPs are considered a powerful and reliable investment approach. How a SIP Works for Long-Term Wealth Creation An SIP investment works on two powerful principles: discipline and compounding. When…
