Different investors have different financial goals and risk appetites. Systematic Investment Plans (SIP) help investors average out the cost of their Mutual Fund investments over time, tackle market volatility and adopt a methodical approach towards investing. Many Mutual Fund houses like ICICI Prudential Mutual Fund etc, also offer a SIP Top-Up facility that further allows investors to increase their monthly investments by a pre-defined amount periodically.
You can invest in various types of Mutual Funds like Diversified Equity Mutual Funds, Debt Mutual Funds etc through a SIP.
To know more about the benefits of SIPs visit http://icicipruamc.com/InvestCorrectly/Basics-of-Mutual-Funds/whats-your-number Mutual Fund investments are subject to markets risks, read all scheme related documents carefully.