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02nd
November 2019
Why Choose SIP for Investments?
SIP or Systematic Investment Plan is a scheme which is
offered by Mutual Fund companies. This scheme helps you to invest small and
regularly in the mutual fund of your liking. You can invest as small as Rs. 500
periodically for a weekly, monthly, or a quarterly basis.
SIP
requires you to do a careful allocation of your investments. One major
advantage is that through a SIP you can monitor the performance of your Mutual
Fund regularly. This can give you an idea of whether the scheme is performing
well or you are going into a loss.
Here’s why you should consider
investing in SIP.
Investing in SIP helps you to have a much-disciplined approach
towards your investments.
As you have the liberty to invest small, you can choose an amount
which suits you and does not put a strain on your finances.
SIP investing does not take
SIP helps you to make investments at an early age. You do not need
to wait for a promotion or any such big leap and then start investments.
Investing at an early age helps you to accumulate a significant amount of
wealth in the future.
Investing small helps you get better results than investing a lump
sum.
SIP investment helps minimize the effects of a volatile market.
You can continue investing without worrying about the volatility.
Through SIP you can average the purchase cost of your mutual
funds. SIP investments can be done irrespective of the ups and down in the
market. There are chances you can buy more units when the market is low and
fewer units when the market is high. This forms an average of the purchase
cost.
There is no dilemma of when to invest in SIP. You can start
investing any time irrespective of the market conditions.
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