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WHAT IS SIP?
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SIP is the simplest and easiest way of investment in the stock market through Mutual Funds. The functioning of the SIP is similar to Recurring Deposits Scheme of a Bank. But SIP has certain advantages over bank RD. Every month you can invest a certain amount in SIP. You can start with as little as Rs 500 pm. After pooling the amount from various investors amount is invested in various Mutual fund schemes i.e. Equity or Debt.MF is managed by professionals called fund Manager. Investors get the professional services in managing the funds and get a better return on their investment to build a handsome corpus over a period of time.
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Benefits of SIP
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