When you walk a mile, you have actually walked numerous little steps in the right direction… Similarly, regular savings is a journey and financial goals your destination
Benefits of SIP
⊃ Disciplined investments (Remember, an investor’s worst enemy is not the stock market, but his own emotions)
⊃ Reach your financial goals
⊃ Take advantage of Rupee Cost Averaging, i.e. get more units when prices are low and buy less when prices are high
⊃ Grow your investments with compounded benefits
⊃ Do all this effortlessly
Benefits of SIP
⊃ Disciplined investments (Remember, an investor’s worst enemy is not the stock market, but his own emotions)
⊃ Reach your financial goals
⊃ Take advantage of Rupee Cost Averaging, i.e. get more units when prices are low and buy less when prices are high
⊃ Grow your investments with compounded benefits
⊃ Do all this effortlessly
Systematic Investment Plan - A Prudent Investment Strategy
What are SIPs?
⊃ Systematic Investment Plans (SIP) is an investment technique whereby the investor invests a fixed sum of money at regular intervals, say once a month or once a quarter
⊃ For instance, your SIP may involve Investing ` 5000 On the th of every month o In a particular
scheme of a mutual fund For the next five years
⊃ Helps avoid ‘Decision Paralysis’ associated with emotions of fear and greed and takes advantage of ups and downs in the market
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