Mutual Funds

Others Services

S.I.P. Systematic Invesntment Plan

An SIP or Systematic Investment Plan is a regular investing option in a mutual fund for a fixed sum at a fixed frequency (for example It could be Weekly or Monthly) regardless of the ongoing price or the market levels. SIP helps individuals invest fixed amounts in various schemes depending on set financial goals. SIP is an ideal option for investors with regular cash flows or salaried individuals.

SIP also forms a regular investing habit in a disciplined manner getting you one step closer to achieve your financial goals. Secondly due the volatile nature of the stock markets SIP allows you to purchase more units when markets are down thus delivering a better rupee cost average.

Benefits of SIP

People often complain about not being able to save money. By choosing this SIP route, you get to invest in regular intervals every month that will automatically translate into savings before you spend your money. Slowly but steadily, it brings financial discipline and also helps in realizing the returns later.

With SIP, you get to start investing with as little as ₹500 a month. If your earnings are not very high or your savings are low, you can still take advantage of or be a part of the growth of the Indian stock market by choosing to invest in SIP plans in various mutual funds.

SIP Averages the unit holder's cost of acquisition. Through a SIP, the investor does not end up in the unfortunate position of acquiring all the units at a market peak.

Investor anytime has the option to decide on the Repurchase amount or number of units. The Repurchase price is the applicable NAV less exit load.