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What is Systematic Investment Plan : What is SIP? - Learn about SIP

What is Systematic Investment Plan : What is SIP? - Learn about SIP

September 15, 2021 Analysis / Business
What is SIP (Systematic Investment Plan) Systematic Investment Plan, more commonly known as SIP, allows any investor to invest a pre-determined fixed amount in a mutual fund scheme at a regular interval. It is similar to recurring deposits, in which a fixed investment is made on a regular basis. It is called Systematic Investment Plan or SIP because of its posture and systematic way of doing it on regular basis. By taking SIP, any investor can invest in the market in a time bound manner without worrying much about the market dynamics and risk and can earn profits by investing for a long period. SIP The Plan of Mutual Funds Rs 500 and Rs 1,000 as it enables people with a weak and medium budget to invest on a regular basis instead of a heavy, one-time investment . You can invest some amount on weekly/ monthly/ quarterly/ semi-annually and annual basis under Pre-defined SIP Plan. Small Amount Investing through SIP may not sound attractive to you at first but it enables the...
What is mutual fund and how to buy ? Types of Mutual Fund and Benefits of Mutual Funds

What is mutual fund and how to buy ? Types of Mutual Fund and Benefits of Mutual Funds

September 14, 2021 Analysis / Business
Have you ever heard about what is a mutual fund? Do you know how this works? If not, then today I will tell you about it. Many people, just on hearing about them, make many imaginations in their mind and without knowing anything, think about it in the opposite direction. Which is not right to do at all. That's why today I thought why don't you remove the misconception that is sitting in your mind about Mutual Funds and make you aware of its truth. There is a very good and easy way to earn money from mutual funds. It is not necessary that you have thousands of rupees to invest in this. Rather, you can also invest in it at the rate of only Rs.500 per month. Many people consider Mutual Funds and stock/share market to be the same but it is not so at all. Mutual fund and share market both are part of the market but there is a lot of difference between the two. From today's post, we will know what is the difference between them and after all what is this mutual ...