Systematic investment plan SIP is shown on the conceptual business. words typography top view lettering. Business concept and design.

systematic investment planning

Systematic Investment Planning (SIP) is a disciplined approach to investing in mutual funds. It involves regularly investing a fixed amount of money at predetermined intervals, typically monthly. SIP allows investors to benefit from the power of compounding and potentially achieve their financial goals while managing risk through consistent, gradual investments over time.
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Lump Sum

A lump sum refers to a single, substantial payment made all at once, rather than in installments or over time. This can apply to various financial transactions, such as a one-time investment, a one-off payment for goods or services, or a significant windfall like an inheritance or lottery prize. Receiving a lump sum can have both advantages and considerations in terms of financial planning and decision-making.