8 Reasons Why SIP in ELSS Could Be Your Smartest Investment Move!
Investing in ELSS through SIP is a popular and convenient method. It offers several advantages such as regular investments and tax benefits under section 80C of the Income Tax Act.
Introduction
SIP allows for regular, small amounts to be invested, making it affordable and easy to save.
Regular Investments & Affordability
Benefit from rupee cost averaging, where more units are bought when prices are low, reducing the average cost over time.
Rupee Cost Averaging
SIPs offer flexibility to start or stop anytime and promote long-term investment habits due to the 3 year lock-in period of ELSS funds
Flexibility & Long-term Investment
Investing via SIPs allows diversification and reduces risk associated with market volatility5.
Diversification & Lower Risk
In conclusion, SIPs in ELSS are a smart choice for individuals looking for convenience, affordability, flexibility, and potential returns.
Conclusion
This is for informational purposes only. Investments are subject to market risks. Past performance doesn't guarantee future results.