When comparing SIP vs PPF, SIPs in mutual funds are better suited for investors who can handle moderate to high risk in exchange for potentially greater returns, whereas PPF is perfect for those who prefer guaranteed returns with tax benefits.
Systematic Investment Plan
Systematic Investment Plan
A demat account is necessary for stock market but not required for mutual funds including SIP. For investing in Mutual funds you need to submit your KYC documents. If you are interested in investing in stock market or mutual funds,
!! There are many benefits attached to SIP plan. As the name indicates, SIP - Systematic Investment Plan gives you a way to invest your capital in different mutual fund schemes and provides you good returns after lock-in period. This way you can fix your amount certain period of time and can enjoy profits in your future. Recently, I have opted for SIP plan from Reliance Mutual Fund and its giving me good returns as per my investment portfolio. If you are planning to go for SIP then it's a good way to begin with mutual fund, I would suggest you to speak to your financial planner about this schemes and accordingly go ahead.
There are number of programs available online that enable investors to track the mutual fund. There are also many websites that provide market research to aid the investors. Reliance mutual fund has very good service like SIP calculator that allow you calculate the returns of the investment.
It depends from fund to fund. However, in India the most commonly used numbers are: Rs. 5000/- for first time investment & Rs. 1000/- for subsequent purchaces Rs. 500/- per month for SIP's Note: There are funds that expect a minimum Rs. 1000/- for SIP and even Rs. 25,000/- for first time investment
1. A fund with a NAV of Rs. 10 is cheaper than a fund with NAV of Rs. 50 2. Funds with a Larger corpus always generate higher returns 3. Funds that regularly declare dividends are good buys 4. SIP investments are always better than Lump sum investments.
SIP in finance stands for Systematic Investment Plan. It is an investment plan for investing in Mutual Funds
SIP in finance stands for Systematic Investment Plan. It is an investment plan for investing in Mutual Funds
SIP in finance stands for Systematic Investment Plan. It is an investment plan for investing in Mutual Funds
Systematic investment plan is a comvenient and disciplined way to invest in mutula funds. ICICI Prudential Mutual Fund allow you to invest throigh SIP to reach yor financial goals. It is important to invest the right SIP amount regularly.
It's good that you are thinking for long term investment plan. If are looking for 5 or 10 year then I would say, g o for equity plan and for less the 3- 5 year then SIP would be best option for you. You can take help of your financial consultant as will guide you more on this. Financial consultant would help you updates your portfolio on a regular basis. You can see for yourself from the leading financial houses such as Reliance Mutual Fund, HDFC Mutual Fund, SBI Mutual Fund, ICICI prudential mutual fund etc.