Indian term for dollar-cost averaging. By investing fixed amounts monthly via SIP, you automatically buy more units when NAV is low and fewer when NAV is high. Over a market cycle, this reduces average cost per unit compared to random lump-sum purchases.
What is Rupee Cost Averaging?
Indian term for dollar-cost averaging. By investing fixed amounts monthly via SIP, you automatically buy more units when NAV is low and fewer when NAV is high.