Investing
Rupee cost averaging
The effect of a SIP buying more units when prices are low and fewer when high, averaging your cost.
When you invest a fixed amount regularly, your money automatically buys more units when the market is cheap and fewer when it is expensive.
Over time this smooths out your average purchase price, so you don't need to guess the perfect moment to invest.
It removes emotion and timing from the equation, which is exactly why SIPs work so well for regular people.
For example
Investing ₹5,000 monthly, you might buy 100 units at ₹50 one month and 125 units at ₹40 the next, lowering your average cost.