80 likes | 93 Views
Here are the pros and cons of a systematic investment plan (SIP). Visit https://www.investmentz.com to know more!
E N D
WHAT IS A SYSTEMATIC INVESTMENT PLAN (SIP)? • A Systematic Investment Plan (SIP) is an organized investment method that enables one to invest fixed amounts of money at regular intervals. • It usually revolves around mutual funds investment – typically an equity-linked investment scheme. • The frequency of investing in SIP is usually weekly, monthly or quarterly – as decided beforehand. • Based on the motto “Save First, Spend Next”, it is the preferred investment method for 76% retail investors.
STARTING A SIP INVESTMENT Steps on how to start a SIP investment:
HOW TO START ONLINE SIP INVESTMENT Follow these steps to start your online SIP investment:
“A penny earned is a penny saved.” - Benjamin Franklin