Systematic Investment Plan (SIP)

06/03/2019 Other Services

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Description

A Systematic Investment Plan (SIP) is an investment vehicle offered by mutual funds to investors, allowing them to invest small amounts periodically instead of lump sums.
The frequency of investment is usually weekly, monthly or quarterly.
In SIP, a fixed amount of money is debited by the investors in bank accounts periodically and invested in a specified mutual fund. It is a Mutual Fund industry tool that encourages regular and disciplined investing without causing disruptions to your monthly budget.
SIP is a convenient method that can help create wealth. The minimum investment in SIP starts from Rs.500 only if you want you can invest more.

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