SIP is a disciplined investment method where a fixed amount of money is invested regularly. The biggest advantage is building a huge corpus by making small initial investments. It can generate higher returns than traditional investments like fixed deposits, PPF, etc. When you invest via SIP, you receive units of a mutual fund scheme; hence, when you regularly invest, you benefit from rupee cost averaging. That means you receive more units when prices are lower and lower units when the prices are high on the market. This way, SIP protects you from market volatility. You can also use a sip calculator online to help you decide. Investors can evaluate the possible returns on their Sip online over a given period with the help of this useful tool.
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