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Are Mutual Fund and SIP same?

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Mutual Fund is an investment product while SIP is one of the modes of investment in a Mutual Fund.

You can invest in Mutual Fund either by making a one-time payment popularly known as lumpsum mode and the other is by way of instalments known as SIP mode.

With SIP mode, you can invest a certain amount of money at regular intervals in a Mutual Fund scheme.


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