A Systemic Investment Plan or SIP is a smart way of investing money in Stock market. It allows you a flexible investment, in which a certain amount of money is invested regularly, let it be daily, weekly, monthly, quarterly etc. SIP investment helps you to develop a planned approach toward investment which will trigger a habit of saving, preserving and building wealth for your future. How Does SIP Investment Works? As we told you before SIP investment is a easy, flexible and convenient method of investing. Your predefined amount will be auto debited from your bank account and will be invested to a Specific mutual fund scheme. You are allocated certain number of units based on the ongoing market rate (called NAV or net asset value) for the day. Every time you invest money, additional units of the scheme are purchased at the market rate and added to your account. Hence, units are bought at different rates and investors benefit from Rupee-Cost Averaging and the Power of Compo