Benefits of SIP
What is SIP ?
Systematic Investment Plan (SIP) is an investment vehicle offered by mutual funds to investors, allowing them to invest using small periodically amounts instead of lump sums. The frequency of investment is usually weekly, monthly or quarterly.
Benefits of SIP
1. Easy Investment.
You can start a SIP in just
500
2. SIP can deliver the power of compounding
Total funds accumulated through SIP are considerably high if SIPs are continued for a long time. This is mainly due to the magic of compounding.
1. Easy Investment.
You can start a SIP in just
5002. SIP can deliver the power of compounding
Total funds accumulated through SIP are considerably high if SIPs are continued for a long time. This is mainly due to the magic of compounding.
If you start investing today, your small amount may become a large corpus in next 10 years.
3. An SIP may make your goals easy to achieve
• SIP could range from monthly to quarterly. One can choose the periodicity as per their convenience.
• Through SIP, one can invest any amount from500 onwards.
• Through SIP one can invest in various types of mutual fund schemes that could be used to meet several life goals.
4. SIP can tackle market fluctuations.
If the market is up and the mutual fund units NAV is high, the investor will get less number of units. If the market is low and the NAV is also low, the investor will get more number of units.
3. An SIP may make your goals easy to achieve
• SIP could range from monthly to quarterly. One can choose the periodicity as per their convenience.
• Through SIP, one can invest any amount from
500 onwards.• Through SIP one can invest in various types of mutual fund schemes that could be used to meet several life goals.
4. SIP can tackle market fluctuations.
If the market is up and the mutual fund units NAV is high, the investor will get less number of units. If the market is low and the NAV is also low, the investor will get more number of units.
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