What is SIP Exactly??? Many people use wrong terminology of investment or always confuse about different terms of investment. Some people make fool to people those don't know exactly what is the meaning of SIP. In investment terminology SIP stands for "Systematic Investment Plan" means Invest in any plan systematically, the frequency of systematic investment can be monthly or quarterly or half yearly or yearly if you are investing for a long period of time. SIP is very effecting while investing in Market linked saving schemes like Mutual Funds and Unit Linked Insurance Plans (ULIP). Systematic investment in market linked plans help investor to average loss and gain more profit during up and downs of market. Many people think that SIP is only possible in Mutual funds but this is completely wrong. The Concept of SIP can be used to purchase GOLD, to accumulate money using concept of Bank 's Recurring deposit (RD) scheme. ...