Systematic Investment Plan is an investment vehicle offered by Mutual Funds to investors allowing them to invest small amounts regularly. SIP are planned approach towards Investment.
There are various features of systematic Investment Plan.
* Investor can choose Any Date for SIP
* Investor can invest any amount without restriction via SIP
* Investor can increase or decrease SIP amount anytime.
* Investor can redeem partially or fully any time
* Investor can Stop SIP anytime.
* Investor can cancel Sip and Let the funds to grow.
* Investor need not time the market to start SIP.
* Investor can invest any amount without restriction via SIP
* Investor can increase or decrease SIP amount anytime.
* Investor can redeem partially or fully any time
* Investor can Stop SIP anytime.
* Investor can cancel Sip and Let the funds to grow.
* Investor need not time the market to start SIP.
Mentotax recommends you to invest via SIP to create wealth in different asset classes.
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Your article gives some good information. Every one to get knowledge of any fund, before invest. Ex:Open Ended Funds. Understanding about Open Ended Funds is Important.
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