SIP : In this article Money describe what is sip, sip meaning, what is sip investment,full form of sip,sip means, sip meaning in English all this topic moneypip cover in this below the article so read carefully.
> Full Form of SIP : Systematic Investment Plan.
SIP Money investment (SIPMI): SIP MEANING Systematic Investment Plan (SIP) SIP is also known as (Systematic Investment Plan) is a method of money investment a fixed amounts in a different mutual funds schemes. In Systematic Investments Plan, a fixed sum is invested in Mutual Funds either Monthly, quarterly. SIP helps to grow Money through CI (Compounding Interest), Ensuring higher returns on maturity.
SIP Money Investments is a sequence way to investing where in a fixed amount of Money is invested in Mutual Funds Scheme in a fixed time interval. You can decide the how much money, the SIP schemes in which you wish to invest.
How To Invest in SIP Money Investments : SIP Money Investments is a best money investments options in our Country India. Due to reason behind in SIP a specific goal are fixed. You can choose one of the best SIP Plan that suits your requirements.
Make an informed your decision based on your personal individual needs and choose an SIP Money Investments Plan Mutual Funds you want to Money Invest in.
How Does SIP Money Investments Works ? : Money Investing in Systematic Investment Plan Mutual Funds is very easy and hassle-free. In case you apply for one or more SIP plans, your Money is automatically debited from your bank account on a choosing your SIP Money Investments Plans Purchased. Its is based on Net Asset Value of your funds, you are allocated a certain number of units at the end of the days.
In SIP you can every time invest money, you choose to SIP Plan in our country, and additional units are added to your accounts based on the current market price.
You can easily Money Invest in a Systematic Money Investment Plane, Mutual Funds with a pre-determined fixed amount in a Scheme weekly , monthly or quarterly , depends on your convenience through post dated cheques or you need to fill up an application from and a Systematic Investments Plan mandate form,on which your need to sign the choice for the Systematic Investment Plan. Subsequent SIPs will be auto-debited through a standing instruction. You can submit these forms to the office of the Mutual Fund / Investor Service Center or the nearest service center of the Registrar & Transfer Agent.
Types Of SIP Money Investments :
- TOP -UP Systematic Investment Plan (SIP)
- Flexible Systematic Investment Plan (SIP)
- Perpetual Systematic Investment Plan (SIP)
- Trigger Systematic Investment Plan (SIP)
Top SIP Money Investment Plans in India
>>Here are best mutual fund schemes to invest through SIP in India
SIP Plans | Type | 3 Year | 5 Year |
HDFC Small Cap Fund | Equity Fund | 21.52% | 24.31% |
DSP BlackRock Midcap Fund | Equity Fund | 16.77% | 25.68% |
HDFC Mid Cap Opportunities Fund | Equity Fund | 14.84% | 26.00% |
Birla SL Equity Fund | Equity Fund | 13.70% | 21.78% |
ICICI Prudential Equity & Debt Fund | Equity Fund | 11.11% | 17.48% |
HDFC Balanced | Balanced Fund | 10.65% | 18.96% |
L&T India Prudence Fund | Balanced Fund | 10.03% | 18.36% |
Birla SL Balanced ’95 Fund | Balanced Fund | 9.42% | 16.83% |
ICICI Prudential Balanced Advantage Fund | Balanced Fund | 9.16% | 14.39% |
SBI Magnum Balanced Fund | Balanced Fund | 9.10% | 17.27% |
HDFC Prudence Fund(G) | Balanced Fund | 9.02% | 16.56% |
SBI Magnum Gilt Short Term | Debt Fund | 8.78% | 9.38% |
Aditya Birla Sun Life Medium Term Plan | Debt Fund | 8.39% | 9.13% |
Reliance Credit Risk Fund | Debt Fund | 7.87% | 8.33% |
Aditya Birla Sun Life Short Term Fund | Debt Fund | 7.83% | 8.37% |
ICICI Prudential Value Discovery | Equity Fund | 7.34% | 21.25% |
Reliance Liquid-Treasury Plan(G) | Debt Fund | 6.82% | 7.32% |
Note: *The above list is not in a chronological order and interest rates are subject to change as per the market condition.* Charts Source : Policybazaar.
In this article Money describe what is sip, sip meaning, what is sip investment,full form of sip,sip means, sip meaning in English all this topic MoneyPip cover in this above the article so read carefully.
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