Systematic Investment Plan (SIP)
Mutual Funds SIP works in a similar manner as a Recurring Deposit in a bank. Dream a big and believe in them. The results will be big. Building wealth is no different. Invest a fixed amount at regular intervals for big returns. Do not let the volatile stock markets affect your investment strategies. Work it to your advantage through SIPs.
You can now invest, track and manage your SIP investments online.
Benefits of SIP are stated below
Allows the investors the advantage of investing small amount of money each month without any hassles.
Investing small amounts of money religiously entails to maximum gains in the long term.
It is a flexible and easy investment plan. You can choose schemes according to your needs.
SIP's avoid the risk of timing the markets and facilitate wealth creation in a disciplined manner. Small savings create the big corpus for future.
Power of compounding
An investor starting out early can earn much higher returns than a one starting out late even with a slightly higher corpus due to the power of compounding
This disciplined approach helps you to hedge the investment against inflation.
In simplistic terms, SIP allows investors to invest the same amount each month irrespective of the market cycle, be it a bull phase or a bear phase.
The power of compounding enables you to earn income on income.. For example: SIP of Rs.2500/-
Benefits of investing online
Optimize investment decisions due to prompt process
Reduction of paperwork
Transparency in knowing status of orders
Secure fund transfer
Purchase additional units anytime