SIPs help you plan your equity fund investments to achieve your financial goals. SIPs give you the twin benefits of Rupee Cost Averaging and the Power of Compounding Benefit. You must avoid these 5 SIP mistakes to earn higher returns from your Equity Funds. Do not Skip SIPs, Pause SIPs or Stop SIPs if you want to reach your major financial goals. If you get a salary hike, increase your SIPs using the Step Up SIP facility to get to your financial goals faster. Do not opt for equity fund dividend plans over equity fund growth plans if you want to enjoy the Power of Compounding Benefit. You must set up SIPs for financial goals. Avoid the costly mistake of not monitoring your SIPs if you want to reach your financial goals.
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Disclaimer: These are not any recommendations for any funds or stocks and are meant only for educational purposes.
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