SIP
SIP
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A better way to invest in a mutual fund scheme is through a systematic investment plan (SIP). SIPs enable distributed investments over time by making a particular, defined amount of contributions at predetermined intervals. An investor has the flexibility to start or stop a SIP at any moment.
HOW TO INVEST WITH US?
Determine your financial and investing goals: To start, you should decide whether your investment aim is to create wealth over the long-, medium-, or short-term. Invest in SIP as soon as you have a goal in mind. Keep in mind that SIPs with longer durations produce bigger returns.
Choose the right SIP mutual fund that is in line with your financial objectives from your shortlist of potential investments. You can compare various SIPs and choose the best one.
Inform us about your choice to participate in the particular SIP and fill out the necessary paperwork for KYC compliance.
When you're ready to make an informed choice, invest in your preferred SIP.
Become Wealthy: One must begin investing in mutual funds via SIP as soon as possible in order to achieve long-term capital appreciation.
Power of Compounding: Long-term SIP investors have a tendency to profit from compounding. Compounding, as used in the context of mutual funds, is the process of multiplying your finances by which the interest rate you received on your initial investment begins to generate interest of its own. Additionally, if you begin a SIP early in life, you will have more years to invest and take advantage of compounding.
Tax Benefits: Under Section 80C of the Indian income tax Act, investments like Public Provident Funds (PPFs), Equity Linked Savings Schemes (ELSS), and others provide tax deductions. Therefore, participating in these schemes is a lawful way to reduce your tax liability rather than paying additional taxes.Â
FAQ's (click here)
How can I stop my SIP? (click here)
How can I stop my SIP? (click here)
If you want to stop your SIP, it would be important to inform your fund house about the same. If you want to complete the process online, let us know and we will do it for you. You can also terminate your investment completely if you wish to.
What is NAV in SIP? (click here)
What is NAV in SIP? (click here)
NAV stands for net asset value. It is the price at which investors can buy or sell mutual fund units, to put it simply. It should be noted that most mutual funds update their NAV on a daily basis after business hours. Since all mutual fund transactions can only be made at the current NAV, the investor's cost of acquisition when making a SIP investment is the current NAV.
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