SIP is the term which is mostly used in Mutual funds, where having the detailed information on it would always bring you much benefit. It has been seen that Mutual Funds investment by the individual has increased a lot in recent days.
It has been found that many do use SIP process to invest in Mutual fund which brings less risk and good returns. SIP full form is Systematic Investment Plan, where the investment processed through a systematic manner.
In SIP the amount is invested partially without actually investing as a whole. Every month a fixed small amount will be invested in the mutual fund for a fixed term which in turns brings the return on the age of maturity.
This plan is helpful for one who does have Net Asset Value too low, as he does make the investment as per his comfort. SIP is calculated as per units and every amount invested will be multiple through units every month.