answersLogoWhite

0

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.

User Avatar

Wiki User

13y ago

What else can I help you with?

Related Questions

What are the different types of systematic investment plans available for investors?

The different types of systematic investment plans available for investors include SIPs in mutual funds, SIPs in stocks, and SIPs in fixed income securities. These plans allow investors to regularly invest a fixed amount at predefined intervals, helping them build wealth over time through disciplined investing.


Objective of investment?

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 plans mutual fund?

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.


In Mutual Fund terminology what is a SIP?

Systematic Investment Plan


Which websites carry details on retirement investment plans?

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


What is objective of investment?

to maximise the wealth of the investors.


What is the abbreviation of SIP?

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


What is full from of sip?

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


In the Contest of Mutual Fund SIP stands for?

Systematic Investment Plan


What is objective of investment management?

to maximise the wealth of the investors.


Where can one find information on personal investment plans?

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.