A Systematic Investment Plan is nothing but a regular commitment from an investor wherein the investor agrees to invest a predetermined amount of money regularly (Usually every month) for a predetermined period (Usually 1 year or more).
Simply speaking, a Mutual Fund SIP is like a Bank Recurring Deposit with a difference that, the Mutual Fund will invest in the Stock Market while the Bank does not do so.
The objective of investment is to get returns. This is the reason why people will evaluate all the risks involved so as to estimate the return on investment.
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.
Systematic Investment Plan
I believe you can find information on investment plans through any banking branch online or in your area by checking local banks and investment firms for more information on how to find information on investment plans
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
to maximise the wealth of the investors.
Systematic Investment Plan
to maximise the wealth of the investors.
There are several places to find information on personal investment plans. Any bank will have investors who can help you, or you can go to investment brokers in your area.
A systematic investment plan or an SIP is a scheme wherein an investor contributes/invests in a mutual fund a fixed amount every month for a duration of time. This money gets invested on his behalf into the stock markets and the returns are shared with him. A SIP is designed to beat the high's and low's of the market and provide stability to the investment. Since you are going to invest regularly you may end up getting more units when the market is down in order to average out your losses because of the market fall.