A systematic Investment Plan(SIP) is the process of investing a certain amount of funds within every investing time period with a determined rate of return. It is a very popular investment in Nepal and throughout the world. SIP primarily involves investing in mutual funds and is associated with Open-end mutual funds. Interest in SIP has been rapidly increasing among the people in Nepal and in different countries as SIP is a long-term investment. So let’s discuss on requirements to register SIP and continue the payment. We have also included the step-by-step procedure for registrations and payments along with its benefits.
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