Skip to main content

About SIPs

Best SIP Funds to Invest Online 

Have you set a big financial goal for yourself but do not have enough money to invest? The best way to approach the goal is through Systematic Investment Plans (SIP) where you can invest part of your monthly savings, even in small amounts, to achieve your long-term financial goals over a period of time. SIP is a process through which you invest a certain amount in predetermined periods to create huge wealth. It is also one of the most recommended modes of investing in mutual funds.

Here are 8 benefits why you should adopt the SIP route:

Pocket-friendly

It is an easy way to start your investment in mutual funds for a long term. One can start a systematic investment with just Rs 500 at a time. This makes mutual funds investing suitable for every kind of individual who may be earning more or less, irrespective of it, one can fulfil their financial goals very easily.

No need to time the market

The systematic plan makes your investment work through market cycles for better returns. Therefore, while doing investments through SIP's, understanding the market volatility during the initial stage can be avoided.

Helps achieve financial goals

Financial goals can be aligned very easily, whether it is the short-term or long term. Since investment can be done in any range through SIP mode, one can easily calculate the monthly need of investing money assuming a certain rate of returns as per the risk appetite of an individual and accordingly, one can make an investment in the desired mutual fund scheme which can help them achieve their goals in reality.

Power of compounding

The overall value of corpus multiplies over a period of time with interest earned on previous interest and principal. For example, if you invest Rs 10000 a month over a period of 20 years assuming an interest rate of 12%, you will be able to generate approximately Rs 1 crore by saving just Rs 24 lakh throughout the tenure.

Benefits novice investors

SIP has an inbuilt mechanism to mitigate risks. While entering into mutual funds investing for the first time, it is suggested as one of the best investment strategies to start your investment.

Inculcates financial discipline

Investing through SIP in building a disciplined approach by forcing to save and invest regularly. It helps you dedicate your savings towards a financial goal over a long period of time.

 Good investing strategy for novice investors

Investors who are new to equity investing and also, who are risk-averse can go through this mode investing their money.

Flexibility in choosing and changing the date

You can easily change the date of periodic investment by simply intimating your fund house through the designated form. For say, if you want to change the date of auto deduction of your savings from your bank account, you can easily do it by signing and submitting the ECS (Electronic Clearing Service) form of same scheme in the respective AMC. The process ideally takes 30 days.

Cost Averaging

It helps in reducing market risk by buying units at different price points and averaging your cost.  Through this method, you can accumulate more units over a period of time which helps in multiplying your wealth. However, you need to remain invested for a longer term.


SIPs are Best Investments when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich - Best ELSS Funds

For more information on Top SIP Mutual Funds contact Save Tax Get Rich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

Popular posts from this blog

TDS Rate and Personal Account Number(PAN)

    The TDS rate doubles to 20% from 10% if you fail to mention your Personal Account Number   IF you run a glance through your pay slip, you will come across something called TDS, which is tax deduction at source. In most cases, the employer deducts this amount at the time of payment of salary itself and pays the total tax amount to the government on behalf of all the employees. If you are a self- employed or practicing professional s, you have to pay this amount yourself.    Tax deducted at source is one of the modes of income tax collection by the government. Under the income-tax laws, income tax at specified rates is required to be deducted while making certain payments.    The rate of deduction of tax at source on interest and rent payment is 10%. For salary payments, the employers deduct income tax at source on a monthly basis after computing income tax liability on estimated annual taxable income of the employee. Tax benefits on housing loan, investments, etc are consid...
Read more

Equity investors should track market developments

The stock markets have been volatile over the last few days. They are in a sideways movement and trying to find the bottom after a fall of 20 percent a week ago. The market sentiments are not very positive at the moment and the recent developments are expected to dampen them further. Globally, governments and central banks are trying to cut rates and announce packages to improve business sentiments. These are some of the major developments in the markets last few month: A) Global On the global front, another large US bank went into a financial crisis. The US government took quick measures to avoid the spread negative sentiments in the markets. The US government announced a bail-out package and agreed to shoulder the losses on the bank's risky assets. China announced a large cut in interest rates and reserve ratio to boost the investor sentiments in the markets. Recently, the World Bank announced China's growth rate next year will come down to 7.5 percent. The European ...
Read more

Fortis Mutual Fund

Fortis Mutual Fund, a relatively new player, it is still to prove its case and define its position in the industry. In September 2004, it came onto the scene with a bang - three debt schemes, one MIP and one diversified equity scheme. And investors flocked to it. Going by the standards at that time, it had a great start in terms of garnering money. Mopping up over Rs 2,000 crore in five schemes was not bad at all. The fund house has not been too successful in the equity arena, in terms of assets. Though it has seven equity schemes, it is debt and cash funds that corner the major portion of the assets. Most of the schemes are pretty new, and the two that have been around for a while have a 3-star rating each. The last two were Fortis Sustainable Development (April 2007), which received a rather poor response, and Fortis China India (October 2007). Fortis Flexi Debt has been one of the better performing funds, after a dismal performance in 2005. It currently has a 5-star rating. None ...
Read more

Banks tweak ATM strategies

Unrestricted usage of third-party ATMs ends on Thursday The era of free ATM usage will come to an end on Thursday, October 15. Every transaction carried out on another bank’s ATM could cost an account holder as much as Rs 20 and withdrawals will face a limit of Rs 10,000, the Indian Bank’s Association has said in its guidelines. According to the guidelines, banks can offer savings-account holders five free thirdparty withdrawals every month —they can be charged from the sixth transaction onwards. Current account holders can be charged the fees, which ranges from Rs 18 to Rs 20, from the very first transaction. Most banks are convinced that charging current account and no-frill account customers from the word go is a good idea. It suggests that the usage of ATMs by current-account holders is price-insensitive. For others, banks have decided to frame their charges depending on the profile of the customer. For instance, HDFC Bank is allowing its salary account and premium customers an unl...
Read more

Birla SunLife Frontline Equity Fund

Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds Call 0 94 8300 8300 (India)   BSL Frontline Equity Fund   Strategy The fund's investment strategy is in line with the BSE 200. This way its allocation is sprinkled across the sectors which brings in stability. Allocation to large caps is close to 75 per cent while market gyrations of last 2 years have seen its allocation to mid- and small-caps come down. Though the fund has the mandate to pick stocks from outside the ambit of BSE 200, it has largely stuck with the benchmark with just 10 to 20 per cent of the investment going outside it over the past 5 years. Sector-wise allocation though is mostly in proportion to the benchmark.   Its dominant sectors include automobiles, FMCG, financial, technology and energy. Banking and FMCG performed well last year which is reflected in performance. Its stock p...
Read more
Related Posts Plugin for WordPress, Blogger...
Invest in Tax Saving Mutual Funds Download Any Applications
Transact Mutual Funds Online Invest Online
Buy Gold Mutual Funds Invest Now