SIP or Systematic Investment Plan is an investment method that allows you to invest a fixed amount regularly in mutual funds. While registering for SIP you are required to give information like the amount you would like to invest regularly, the date on which amount should be debited from your bank account, and investment term. When it comes to selecting the date for auto-debit, many investors are confused regarding whether to select the beginning of the month or end of the month. Watch this video to know the best date for SIP investment in mutual funds.
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