Yes, a single SIP can be aligned with multiple financial goals.
SIPs offer the benefit of rupee cost averaging and disciplined investing, while lump sum investments may be suitable if you have a large amount to invest at once. The choice depends on your financial situation and goals.
Mutual funds offer diversification, professional management, and lower risk compared to direct equity investments, which require more expertise and involve higher risk due to market volatility.
Yes, it is safe. You can verify your investments anytime on the CAMS website.
Yes, you can withdraw your funds even while your SIP is ongoing.
Yes, loans are available against your mutual fund investments, allowing you to access funds without redeeming your investments.