Members: 0 member(s)

Shares ?

0

Clicks ?

0

Viral Lift ?

0%

Business 165 views Jun 19, 2018
Things To Know About Best SIP Mutual Fund‭

Mutual fund is known as a practical way to invest money these days.‭ ‬But even then there are some people who remain doubtful amount such investment.‭ ‬As the number of advertisement related to mutual funds has increased,‭ ‬people are slowly becoming aware of the importance of investing in a right place and manner.‭ ‬The mutual fund scheme has several other plans such as SIP which is systematic investment plan.‭ ‬In this type of investment plan,‭ ‬you’re supposed to pay a particular amont of money regularly for a fixed duration which is decided by the investor.‭ ‬For instance:‭ ‬Ram is willing to invest in SIP,‭ ‬so he would have an option of how much money he wants to invest in with‭ ( ‬it can be minimum of‭ ‬500INR‭)‬,‭ ‬then he will be asked at what internal such as on weekly,‭ ‬montly,‭ ‬yearly or quarterly basis he wants to invest,‭ ‬for how long he wants the plan to keep going‭ (‬for‭ ‬1‭ ‬month,‭ ‬3‭ ‬months,‭ ‬1‭ ‬year,‭ ‬3‭ ‬years or‭ ‬5‭ ‬years‭) ‬and lastly at what rate he expects his return to be.‭ ‬These details would be asked to him and using a SIP calculator online,‭ ‬he will get a fair idea,‭ ‬how much fund he would receive at the end of the plan or scheme.‭

Benefits That You Get By Investing In Mutual Funds SIP‭ ‬-‭

Investing in mutual fund‭ ‬SIP is indeed beneficial than investing in share market these days.‭ ‬As we all know indian share market is quite unpredictable.‭ ‬No one knows when market would get up and when it would be down.‭

But in the‭ ‬best SIP mutual fund,‭ ‬you get a professional or expert’s help who keeps updating you with the market rate.‭ ‬Also,‭ ‬since the investment is regular in SIP,‭ ‬you can buy more mutual fund units when the market or net asset value‭ – ‬NAV is low and vice versa.‭ ‬This is the best thing about the SIP mutual fund.‭ ‬No matter if the‭ ‬market is up,‭ ‬you’re still on the safe side.‭

To get the desired fund at the end of the‭ ‬best SIP mutual fund,‭ ‬you really don’t need to put in a lot of money.‭ ‬You can start investing with minimum of‭ ‬500INR as well.‭ ‬Also,‭ ‬there is no fixed bond in‭ ‬best SIP mutual fund‭ ‬and you can withdraw the fund whenever you feel like.‭ ‬Although the‭ ‬experts suggest to keep the investment going for a longer duration in order to reap more benefits at the end.‭