You must have heard of this saying "Little drops of water fills the empty ocean". Just like this, small and regular investments are very effective in long run, which is one of the objectives of Systematic Investment Plan (SIP). An SIP or systematic investment plan (as it is usually known) is a technique to invest in mutual funds with small amounts of money on regularly basis either monthly or quarterly, over a long period of time and not the investments just once. These little and continuous investments will help in growth of your wealth in the long run and you will certainly harvest the benefits of the fruits that you have planted with the systematic investments of your well-earned money in mutual funds. Actually, at times, it provides much better schemes and better offers than the amount offered by many banks.

The idea of SIP is basically to keep aside an amount every month or quarter, and utilize that to purchase units of a particular mutual fund, without keeping in mind its price. People usually like such kind of system as it helps them save on regular basis and create an investment. However, the minimum sum of money that can be invested in a month or a quarter differs according to the schemes launched by the various companies. These investments are done to accomplish our future financial goals like buying a home, childrens education, their marriages, retirement planning etc. Though not all of us are born with a silver spoon in our mouth, still we have a desire to be rich. Every one of us always desire that our hard-earned money should grow at a speed that not only accomplishes our monetary goals and needs but also facilitates us to advance our standard of living from good to better.

Hence it is very much necessary for all of us to do the correct systematic investment planning of our existing monetary resources in such a way that we can produce the maximum possible returns out of them with negligible risks. In this, you can either design investment plan by yourself, or seek an advice from a professional generally a financial planner who will help you in doing your investments intelligently along with constant supervising of the performance of your portfolio so that you will never miss the excellent opportunities available in terms of investment and also do not take too much risk on your portfolio. A financial planner will facilitate giving sense to your investments by inclining them with your monetary goals. In this way, you would know where you are going and it will become easy for you to plan out an appropriate way towards the relevant destination point.

Systematic Investment Planning covers up the whole range of financial planning you would need to do in your life like your Children's Marriage Planning, Children's Education Planning, your Retirement Planning, etc. However, there are some companies that allow investment in the SIP. However, the investor has to find out the most suitable plan so that he can get the highest returns in future.