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SIP investing is the most popular way of investing in mutual funds. It is suitable for almost all types of investors. Individuals who seek to get equity exposure and want to invest for the long term can choose the SIP mode of investing. Furthermore, SIP helps in averaging out the market volatility when investing across different market cycles. And, when done for the long term, you can benefit from the power of compounding. Picking the right SIP for investment is extremely important. Hence it is necessary to know the Do’s and Don’ts for selecting SIP.
