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What are the benefits of SIP plan - please help?

Updated: 9/20/2023
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Pritambatliwala

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8y ago

Best Answer

!! 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.

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8y ago
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Q: What are the benefits of SIP plan - please help?
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What is full from of sip?

SIP in finance stands for Systematic Investment Plan. It is an investment plan for investing in Mutual Funds


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SIP in finance stands for Systematic Investment Plan. It is an investment plan for investing in Mutual Funds


What is SIP in finance?

SIP in finance stands for Systematic Investment Plan. It is an investment plan for investing in Mutual Funds


Is this the right time to start SIP mutual funds for 3 years?

In case of SIP's in mutual funds, timing the market is not required. the purpose of a SIP to help an investor beat the high's and low's of the stock market. Hence it is always the right time to start investing in mutual funds using the SIP route. The Systematic Investment Plan (SIP) is a simple and time honored investment strategy for accumulation of wealth in a disciplined manner over long term period. The plan aims at a better future for its investors as an SIP investor gets good rate of returns compared to a one time investor. to know more about its benefits you can also check this http://tips4bsense.blogspot.com/2010/01/systematic-investment-plan-systematic.html


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In the Contest of Mutual Fund SIP stands for?

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Most SIP's are monthly investments. But, SIP's also allow Quarterly Investment


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