This is free of emotional or impulsive investment decisions and leads to a habit of consistent building of wealth. Units purchased according to NAV Units of the mutual fund are purchased at every SIP installment based upon its prevailing NAV. With a low NAV on that particular date, more units are bought; with high NAV, fewer units will be purchased. This system is known as rupee cost averaging wherein the cost is averaged over time, allowing for minimal impacts of any volatility in the market........................................................................................................................
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