Why you should not stop SIP despite stock market hitting new highs

SIPs help the investor average his cost over a period of time, fetching more units when prices are low and fewer units when prices are high.Lakhs of investors have turned to systematic investment plans (SIPs) of mutual funds in recent months. SIP inflows have increased rapidly—investors pump in close to Rs 4,500 crore every month through this option, compared to just Rs 1,200 crore a month in early 2014. The average ticket size of a SIP has also jumped from Rs 1,800 to Rs 3,200 per month today.
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