What Are The Musical Instruments Of India?

What is SIP? How is it beneficial as compared to other instruments? What banks are best in India to invest in SIP?

I need answers from current scenario in India - including tax benefits. Is SIP is like a safer alternative to MF ? Also elaborate the concept of "rupee cost averaging" as well.
Answer:

SIP means Systematic Investment Planning. Generally this term will be used for investing in Mutual funds and not with the Banks. For investors who are investing initially, it was advised to invest in Mutual funds and through SIP approach to average your losses from the volatile market. Using SIP approach, investing into a good diversified equity MF for long term is the best investment approach. Http://www.myinvestmentspub.com

RaviKumar Nama at Quora Visit the source

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