Systematic Investment Plan
What is Mutual Fund?
A mutual fund is a financial tool that pools the money of investors sharing a common financial goal. A Professional Fund Manager invests this money in capital market instruments such as shares, debentures etc. in line with the Fund's strategy. A Mutual Fund provides investors the opportunity to invest at a low cost in a diversified, professionally managed basket of securities that offer excellent long term returns & tax saving options.
10 REASONS TO INVEST VIA AN SIP
An opportunity to participate in the growth and profits of India’s best and fast growing companies.
You can build-up capital at your own pace through monthly installments starting at 500 per month. This cultivates a healthy savings habit as well.
You can choose the scheme that meets your requirements from over 1500 schemes offered by more than 40 different Asset Management Companies.
If you invest 1000 per month for a continuous period of 5 years, you could see your capital grow to 74,877 at an average return of 10 % per year.
You can reduce your tax payout if you choose a Tax Savings Fund.
Gold, an attractive investment option, can also be done through SIP.
You will not have to pay any tax on dividends received or capital gains for Equity Mutual Funds that are held for more than 1 year.
You take advantage of Rupee Cost Averaging. This means that you buy fewer units when the price is high and more when the price is low, thereby averaging the cost per unit.
Your systematic investment ensures that your money works for you continuously.
You can stop at any time and redeem your units, unless you have chosen a Tax Savings Fund.
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