When it comes to long-term investment, two popular options often emerge: Mutual Fund Systematic Investment Plans (SIPs) and Public Provident Fund (PPF). Both offer unique advantages and cater to different financial goals. Let's delve deeper into these investment vehicles to help you make an informed decision. Understanding Mutual Fund SIPs A Systematic Investment Plan (SIP) is a disciplined investment approach where a fixed sum is invested in a mutual fund at regular intervals. This strategy helps average out the impact of market volatility, reducing the risk associated with lump sum investments.
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