SIP is a disciplined investment approach offered by mutual funds. You have to deposit small amounts of money at regular intervals for compounded returns. This can be weekly, monthly or quarterly. The Systematic Investment Plan or the SIP is one of the best ways to invest for several reasons. You do not have to stress about the market timing since averaging works and the portfolio remains well-balanced at the end of the day. Stop the plan at any point. Go to your Demat account and opt-out without attracting…