What is SIP & How Systematic Investment Plan(SIP) Works?
What is SIP & How Systematic Investment Plan(SIP) Works?
Oct 24, 2019
groww.in
UNDERSTANDING MUTUAL FUNDS In this series, we will try to decode the meaning of some of the common mutual fund terms. #10_Systematic_Investment_Plan (SIP) – It is a mutual fund investment plan that helps you to create wealth, by investing a small sum of money on a monthly basis for a fixed period of time. In an S.I.P, a fixed amount of money (as recommended by investor) is debited periodically from the investor’s bank and is invested in a specific plan. One can start with an SIP investment with
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In today’s episode of #InvestHer let’s talk about SIPs. Systematic Investment Plans are perfect for those who want a regular and disciplined way of investing. It is important to know that SIPs are not only for investment in equity schemes, but also for debt schemes. Watch this video with @mugdhakalra_official to understand SIPs and know its benefits. BSEIndia #SIPs #Investing #BSEIndia #InvestHer #Collab #SheThePeople | SheThePeople
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