Equity funds: For long-term goals like retirement or wealth creation. Debt funds: For short-term goals and stability. Hybrid funds: For a balanced approach combining equity and debt.

Disciplined investing: Encourages regular savings. Rupee cost averaging: Reduces the impact of market volatility by buying more units when prices are low and fewer when prices are high. Affordable: Start…

SIP is a method of investing in mutual funds where you contribute a fixed amount at regular intervals (e.g., monthly, quarterly). It allows disciplined and gradual investment over time.