Systematic Investment Plans (SIPs) have made mutual fund investing easier by allowing investors to put in small amounts regularly. This approach also helps investors stay invested in the equity market without having to worry about finding the right time to invest.
However, consistency is important when it comes to long-term investing. While missing a single SIP installment may not seem like a major concern, regularly skipping SIPs can impact the growth of your investment and potentially delay your financial goals.