BAJAJ BROKING
Systematic Investment Plans or SIPs are a hassle-free mode of investing in mutual funds. With SIPs, you can start investing in a fund of your choice without having to invest a large sum in one go. In this article, we shall explore the different types of SIPs that are available in India, and shed light on their key features and benefits.
With a wide array of investment options at your disposal, it is pivotal to assess which investment instruments are in line with your overall financial plan, earning capacity, and risk appetite. Irrespective of the option/s you choose, you must practise discipline and consistency in your investment plan. One of the easiest ways to inculcate financial discipline and regularity in investing is starting a Systematic Investment Plan (SIP).
In this article, we shall delve into
A Systematic Investment Plan or SIP is a mode of investing in mutual fund schemes. You can select a mutual fund to invest in and choose the SIP route to make small, regular, and convenient contributions to your investment. It is convenient to set up an auto debit from your bank account to ensure the seamless processing of your SIP installment, whether it is monthly, quarterly, bi-annual, or yearly.
There are different types of SIPs you can choose from. While each type of SIP investment follows the same basic principle of small investments over a period of time, they have several distinct features which make them stand out. Let us discuss the different types of Systematic Investment Plans that are available in India.
Different types of SIPs carry varying features and benefits. While some SIPs are basic plans, others may carry the elements of additional investment, insurance coverage, flexibility, etc. You can peruse different types of SIPs and select the one that best suits your investment goals.
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.
This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
For All Disclaimers Click Here: https://bit.ly/3Tcsfuc
Share this article:
JSW Steel Q2 Results FY24-25
25 Oct, 2024 | 2 Min. read
Bharat Electronics Q2 Results FY24-25 Highlights
25 Oct, 2024 | 2 Min. read
Coal India Q2 Results FY24-25 Highlights
25 Oct, 2024 | 2 Min. read
Commodities Market Today | WTI Crude Drops 0.5%, Brent Down 0.8%, Gold Rises 0.7%
25 Oct, 2024 | 1 Min. read
Share Market Today | Gift Nifty Hints At Flat Opening, Consolidates In Range
25 Oct, 2024 | 4 Min. read
Insolation Energy Bags ₹208 Crore Solar PV Module Order
25 Oct, 2024 | 2 Min. read
RBI Approves Amitabh Chaudhry’s Re-appointment as Axis Bank MD and CEO
25 Oct, 2024 | 2 Min. read
TCS, LTTS, Netweb, Tata Communications Partner With NVIDIA
25 Oct, 2024 | 2 Min. read
Gold Rate Today | Gold Prices Drop Over 1% Amid Stronger Dollar and Rising U.S. Yields
25 Oct, 2024 | 2 Min. read
KPI Green Arm Secures Solar Power Projects of 9 MW
25 Oct, 2024 | 2 Min. read
Hindustan Petroleum Q2 Results FY24-25
25 Oct, 2024 | 2 Min. read
Bharat Petroleum Q2 Results FY24-25 Preview | Estimate
25 Oct, 2024 | 1 Min. read
RBI Launches ULI: Transforming Loan Access
August 27, 2024 | 4 Min. read
Textile Sector in India
September 20, 2024 | 5 Min. read
List of IPOs with DRHPs Filed
November 30, 2023 | 3 Min. read
Aditya Birla Group
September 28, 2023 | 10 Min. read
Bajaj Housing Finance Ltd IPO: Things Smart Investors Need to Know
September 05, 2024 | 4 Min. read
Budget Stock Ideas 2024-2025 | Stocks to Buy Today
July 24, 2024 | 4 Min. read
IPO Eligibility Criteria : Full Details
March 15, 2024 | 6 Min. read
What Is the Lock-In Period in IPOs?
October 18, 2023 | 6 Min. read
Godfrey Phillips Announces 2:1 Bonus Shares
September 16, 2024 | 7 Min. read
Jindal Group- A Comprehensive Analysis
September 27, 2024 | 7 Min. read
Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading