What is Systematic investment plan (SIP)?
SIP is an investment option that is presently available only with mutual funds. The
other investment option comparable to SIPs is the recurring deposit schemes from
Post office and banks. Basically, under an SIP option an investor commits making a
regular (monthly) investment in a particular mutual fund/deposit.
“In regard to the importance of agriculture in a broader socio-economic sense, all the three basic
objectives of economic development of the country, namely, output growth, price stability and
poverty alleviation are best served by the growth of the agricultural sector. It may sound ironic that
agriculture is one sector where there is convergence of all the three main objectives of economic
policy in India but we seem to have relegated the sector to the background in the process of
economic reforms…” – Dr. Y. V. Reddy, Deputy Governor, RBI.