![]() ![]() It can be monthly (most popular), fortnightly, quarterly or even daily. While filling up the SIP form, investors can also choose the SIP frequency. To start a mutual fund SIP, the investor need to fill up the SIP form and select the Auto-debit feature which ensures that the SIP amount is transferred to the scheme account by debiting your bank account on the chosen date. Through SIP, the investors can invest a pre-fixed amount in mutual fund scheme/s of their choice for the number of years that they want. What is mutual fund SIP or systematic investment plan?Ī mutual fund SIP is a disciplined way of approaching your mutual fund investments. This is so simple to know using a SIP calculator. That means, by saving only Rs 5,000 a month for 20 years, with expected return ofġ2%, the investor can generate a corpus of Rs 99.91 Lakhs.īy adjusting the above estimates, investors may check what could be the returns if the expected returns or the investment tenure is increased / decreased. In the above example, it is Rs 99.91 Lakhs.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |