Systematic Investment Plans (SIPs) offer a convenient way to build wealth in mutual funds through regular, automated contributions. Most investors utilize auto-debit, where a fixed amount is deducted from their bank account each month. While this simplifies investing, a crucial detail deserves attention: what happens if insufficient funds hinder your auto-debit and you miss an SIP installment?
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Posted on : 29 May 2024 1:23 PM
