Systematic Investment Plan.......
Also known as SIP - it is very good option for small investors or employees who want to invest in share market but avoid it because of risks. SIP just same as recurring - can be start from Rs.500 ( some companies offer Rs.100 also) to max no limit. Investment is through mutual funds and there include small transaction charges. It is more profitable than Bank FD or RD. One thing should remember that SIP is for long term minimum for 3 years give good interest with small investment.
Also known as SIP - it is very good option for small investors or employees who want to invest in share market but avoid it because of risks. SIP just same as recurring - can be start from Rs.500 ( some companies offer Rs.100 also) to max no limit. Investment is through mutual funds and there include small transaction charges. It is more profitable than Bank FD or RD. One thing should remember that SIP is for long term minimum for 3 years give good interest with small investment.
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