When it comes to investing in equity market, it is often said that the best approach is through Systematic Investment Plan abbreviated as SIP. This feature allows an investor to invest a pre-decided sum in a fund of one’s choice on a monthly basis. Since this is an automated procedure, this takes away the hassle of remembering to invest every month. What often happens is that once a SIP amount is set, investors tend to stick to it throughout its tenure and never revise the amount in line with the rise in one’s income.