17/12/2018
Systematic Investment Plan ( SIP ) has the following advantages :
1} It creates a habit of saving every month directly through your bank on a specified given date and works on the principal of TINY DROPS MAKE A MIGHTY OCEAN..
2} The investor gets more units if the Indices fall on the day of investment AND the investor gets less units if the indices rise on the day of investment .
3}In this way Rupee Cost Averaging is done automatically .
4} Power of Compounding gives higher returns when invested through SIP in Equity Mutual Funds .
5}Wealth is created for a long term to achieve specific goals in Life .
6} One can start a SIP as low as Rs 500 per month .
7} The returns which SIP in Mutual Funds have generated over the last 15 years are maximum 22 % p.a CAGR and lowest is 11 % p.a CAGR .
8}For a detailed explaination and investing contact Viraj R Apte 9820334228