At SAMPARK, we provide financial advice and distribute various investment products with the most efficient & widest range, customized specifically to your NEEDS..@
Whether you are keen on small investments or playing it big,
We provide financial advice and distribute various investment/financial products with the most efficient & widest range, customized specifically to your NEEDs.
Tuesday, July 5, 2011
What is Systematic Investment Plan (SIP)?
It is popularly knows as SIP, it is a simple method used all over the globe. It is very close to recurring deposits. It involves investing a fixed amount on a regular basis for a fixed period in any scheme. A SIP can be started even by investing ` 100 p.m. (in most of the schemes)
-Helps you to invest disposable funds each month.
-Convince and Flexibility
-Gives you the benefits of rupee-cost averaging
Below is an example of someone investing lump-sum with one doing a SIP
-Relieves you of trying to time the market
-Helps you to reach your financial goals
-Managed by qualified professionals
-Power of Compounding
How does one apply for SIP?
-Fill up a single SIP form, and a single application form.
-Minimum SIP amount can be as low as Rs. 100 (it varies from Fund House to Fund House)