Variable SIP: Interesting way of investing systematically in MF

Many of you must have heard about SIP or Systematic Investment Plan, an easy and increasingly popular way of investing in mutual funds. Systematic Investment Plan (SIP) is an option where you invest a fixed amount in a mutual fund scheme at regular intervals. SIP is a disciplined investment plan that helps reduce negative impact of market fluctuations on portfolio. It is a convenient tool that not only helps you reduce volatility risk but also create significant wealth for you in the long run. With the help of SIP, you get more number of units when the markets are low and when the markets are high, you get less number of units, thereby averaging out the cost of units. 

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