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How Mutual Fund SIP offers a proper year out planning?

Updated: 9/26/2023
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Snehaldesai

Lvl 1
7y ago

Best Answer

Whosoever wants to maximize the returns on investments should go for SIP - Systematic Investment Planning.

Regular investing gives you the benefit of the Power of Compounding.

As you are asking about benefits after a year, when you choose to invest long-term and earns returns on returns of your investment capital, you start compounding the money.

This is the main benefit, and you know Managing Investment is not a one-time activity, so I suggest you hire Fee-Based SEBI Registered Advisors - Truemind Capital Services.

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meetaveerwani11

Lvl 3
2y ago
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Wiki User

7y ago

SIP allows you to invest calculated amount of money in mutual funds regularly. It is a simple and convenient way to invest.

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