Understand sip, in easy language!

Trending 1. Definition SIP is the way to invest in ‘systematic investment plan’, mutual funds, in which a fixed amount is invested each month. 2.. Investment facility debit every month or in quarter in SIP, causing regularity to invest. You can also start the investment of £ 100. 3. SIP compiles, as long as the long investment is just as beneficial, because it also gets interest on interest compiled. 4.. It is easy to manage risks in risk management SIP. Because the money is inserted slowly, the market fluctuations do not cause a big shock. 5. SIP growth in the long run is almost confirmed in the long run. This reduces the effect of short -term market volatility. Investments of 5 to 10 years get good returns. 6. GOLS It can be useful for many types of goals, such as buying a home, retirement plan and children’s education. Separate SIP can be started for each goal. 7. Taxes are known to tax saving and investment together. Under Article 80c it can save up to about one and a half lakh calls in taxes. 8. For whom SIP is a good investment for everyone, from the youth to the elderly. The low risk factor makes it suitable for new investors. Click here Life & Style Click for more stories Click here