What are the benefits of s Systematic Investment Plan?
Menu
Mutual funds
Replies (1)
A systematic investment plan (SIP) offers 2 major benefits to an investor:
(1) It avoids lump sum investment at one point of time.
(2) In a scenario of falling prices it reduces your overall cost of acquisition by a process of rupee-cost averaging.
(3) This means that at lower prices you end up getting more units for the same investment.
Reliance Mutual Funds have schemes for all types of people and investments irrespective of amount and period.
Recent Topics :
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
- Sell of CAFC books
- ITC ON RENT
- GSTR-9 Table 8A Portal and Excel Issues
- IGST on Commercial Rental Income (Different State)
- Revocation of suo moto cancelled GST registration
- Is there any faculty taking chapterwise test in CA
- Late Fees and Interest
Related Topics :
CAclubindia
