UTI SIP Mutual Fund comes with its own benefits, the most pronounced being 'Rupee Cost Averaging'..
SIP allows you to invest a uniform amount regularly. An average of all the cost of acquisition of units will in turn give you an average cost per unit. This will determine your overall return on your investments.
The table above shows that when invested through Mutual funds SIP, the average purchase price works out as low at 9.836, compared to a lump sum investment of Rs. 10.