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Tax Benefits on Mutual Funds SIP
Flexible Investment Amount: SIPs allow you to start with as little as ₹500 per month, making it easier to begin early and invest consistently, even with limited disposable income.
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Can SIP Investment Help Save Your Taxes?
A Systematic Investment Plan (SIP) is a type of investment facility offered by mutual funds that allow investors to invest a fixed sum at predefined intervals in the chosen mutual fund scheme. You can readily start investing your funds in SIP with an investment amount as low as Rs. 500 with a predefined SIP interval like weekly/monthly/quarterly/half-yearly or annually.