Invest through sip investment plan in mutual fundsPosted by jigneshshah on May 10th, 2018 Mutual funds are a smart investment option. You can invest in mutual funds through Systematic Investment Plan (SIP). SIP allows you to invest a fixed amount of money regularly in mutual funds. You can invest monthly or quarterly as per your convenience. It is a discipline way of investing. You can invest small amount of money regularly through SIP in mutual funds. You can invest the money for the required time period to reach your financial goals. SIP is a useful tool as it allows you to invest small amount of money monthly without affecting the household budget. SIP allows you to invest a fixed amount regularly and this gradually turns you into a disciplined investor. There are many advantages of investing through SIP investment plan. They are as follows:
Points to consider before investing in SIP investment plan You have to decide your investment time frame. You should do research and find mutual fund products that suit your requirements. The objective of the funds you invest in should match your investment objectives. You should invest in 3 - 5 funds and diversify your investments. You should diversify your investments across equity, debt and gold. The risk in one asset can make up for the loss in another. You have to decide how much to invest across each asset class. Why invest through SIP?
The author is blogger and likes to blog on the many topics on mutual funds. Currently the author has briefly explained about SIP investment plan. Like it? Share it!More by this author |