SIP is becoming increasingly popular in today's time. Despite being a market-linked scheme, people's trust in it has increased. Mutual Funds are invested in through SIP. Experts believe that the average return through SIP is 12 percent in the long term, which is much better than any other scheme. Sometimes even better returns can be obtained. If you have not included SIP in your portfolio till now, then do it now. Here know about its 7 such features which you will not easily find in any other scheme.

SIP is a better investment option for those who cannot invest a large lump sum amount. Such people can start SIP with a small amount. Let us tell you that you can start SIP from Rs 500 per month and you can increase this amount as your income increases with time.

When you want to deposit the SIP installment, you are given the option of various intervals like weekly, monthly, or quarterly, you can choose it according to your convenience. Due to the regular investment pattern of SIP, you get the benefit of rupee cost averaging, which helps protect investors from market fluctuations. Rupee cost averaging gives a benefit in long-term investments. Also, it proves helpful in developing the habit of disciplined investment.

When you start SIP, you start with a fixed amount, but if you want, you can also use the 'SIP top-up' facility as Supplementary Contributions from time to time. You get a very good benefit of this in the future.

If you feel that you are unable to pay the installment of SIP for some reason, then you can also pause it for a certain interval. This option can prove to be very helpful in case of financial crisis. However, after the pause period is over, SIP starts again automatically.

SIP also allows you to change your investment interval between weekly, monthly, or quarterly SIP. That means if you have opted for quarterly SIP, and you want to change it to monthly SIP after some time, then you will get this option. You can get these changes done through online request or by making a written request to your respective mutual fund provider.

You can certainly start SIP with Rs 500, but there is no maximum investment limit in it. Meaning you can invest any amount in it.

Just like other schemes have a lock-in period, there is nothing like this in SIP. You can close it at any time and withdraw your money.