Systematic investment plans (SIPs) have gained significant traction among investors seeking a disciplined approach to wealth creation. While SIPs offer numerous advantages, failing to pay the dues on time can have serious implication for an investor’s financial well-being.
SIPs thrive on the power of compounding, which is substantially hindered when payments are delayed. By falling behind on payments, investors miss out on the opportunity to capitalise on market movements and take advantage of favourable investment conditions.
