Think of it as your trusty old piggy bank giving you access to market-linked returns. Systematic Investment Plans, called SIPs, help you create wealth over the long term through small and periodic investments. By making small, disciplined savings in mutual fund schemes over a period of time, these plans bring you closer to realising your financial goals.
Simply put, a SIP is a vehicle or approach to invest a fixed amount in any fund or scheme at regular intervals. By investing across market phases, whether bullish or bearish, this approach ensures that the cost of investment averages out over a period of time.
Systematic Investing means -
|
- Investing for a continuous period
|
- Investing at regular intervals
|
Why SIP?
A Systematic Investment Plan comes with a host of advantages.
- You can start small, with investments as low as Rs. 500 per month.
- With participation across market swings, it reduces the risk of ‘timing the market’.
- Rupee Cost Averaging
- It is a disciplined way of saving.
- It puts the power of compounding to work for you.
Latest Comments
Leave a Comment
Comment sent to Admin for review.
Comment was not posted due to some error
Close