Frequently Asked Questions

A Systematic Investment Plan (SIP) allows you to invest a fixed amount at regular intervals into a mutual fund scheme. It can help bring discipline and consistency to your investment approach.

The suitability of an SIP depends on factors such as your financial goals, investment horizon, risk profile and overall financial situation. Investors should evaluate these factors before investing.

Depending on the mutual fund and SIP facility, investors may be able to increase, decrease or modify their investment amount. The applicable rules can vary by provider.

Saving generally focuses on preserving money and maintaining liquidity, while investing involves putting money into financial assets with the objective of achieving potential growth or income over time.

Diversification means spreading investments across different assets or investment categories rather than concentrating the entire portfolio in one area. It is commonly used as a way to manage portfolio risk.

No. Past performance does not guarantee future returns. Investment values can rise or fall depending on market conditions and other factors.