Question

    What does the abbreviation "SIP" stand for in mutual

    funds?
    A Systematic Investment Plan Correct Answer Incorrect Answer
    B Structured Interest Plan Correct Answer Incorrect Answer
    C Standard Investment Program Correct Answer Incorrect Answer
    D Short-term Interest Plan Correct Answer Incorrect Answer
    E Simple Investment Program Correct Answer Incorrect Answer

    Solution

    SIP stands for Systematic Investment Plan, a method of investing in mutual funds where investors can invest a fixed amount regularly.

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