Few of the benefits are mentioned below:

Disciplined investment method - by having you invest periodically, it inculcates saving practice & discipline in investments. A rigorous strategy to investment, like most stuff in our lives, helps to achieve our objectives, i.e. in this situation building long-term assets.

Easy on pockets - Investment through a SIP could be achieved at a level as small as Rs.500 per month.

No need to think about timing the market - In a SIP, investments are made at periodic intervals–regardless of the peaks and lows of the market. So, you get more units when the markets are low and fewer units when the markets are at a high. This enables to average expenses and to keep a unit's price down. Since it's not simple to timeline the market or decide what the correct moment or business standard is, you should continue investing in Equity Mutual Funds frequently through the SIP.

More time is invested in the market-with lower quantities to spend through SIPs, you can begin saving soon. This provides the amount invested more time on the market, increasing the likelihood of greater yields.