Systematic Investment Plans (SIPs) have gained immense popularity among retail investors in India, and for good reason. They offer a disciplined approach to investing, allowing individuals to build wealth gradually over time without the need for constant market monitoring. Unlike active investing, which often involves trying to guess the best times to buy or sell, SIPs are built on the principle of consistency over speculation. You invest a fixed amount at regular intervals—monthly, quarterly, or otherwise—regardless of whether the market is soaring or slumping.