Mutual fund
This query is : Resolved
Shubhankitsoni
(Querist)
29 March 2017
What is SIP under mutual fund. What is risk associates wit it?
Studentsca
(Expert)
29 March 2017
Systematic Investment Plan (SIP) is a kind of investment scheme offered by mutual fund companies. Using SIP one can invest small amount peridically (weekly, monthly, quaterly) into a selected mutual fund.
Mutual Funds are subject to market risk I.e they flacuateate
Studentsca
(Expert)
29 March 2017
I.e they fluctuate with fluctuations in the stock market.
Shubhankitsoni
(Querist)
29 March 2017
What about risk aspect
Shubhankitsoni
(Querist)
29 March 2017
Is it good for new investor or some other option are there
Studentsca
(Expert)
29 March 2017
The risk is market related risk. If the markets crash your investment value declines.
Shubhankitsoni
(Querist)
30 March 2017
Name the best SIP in india
24 October 2021
SIP can be made for any mutual fund scheme/s. So choose some high performing schemes in blue-chip class of 2/3 MF class and start investing at different date in each month.
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