The Magic of SIP (Systematic Investment Plan) once experienced will have you hooked on for life.
7 Reasons why SIP is a fantastic idea.
- Always Make Profit: Over a 5 / 10 / 20 year period your cost of purchase will be much lower and therefore your profits are sure to happen in the long term.
- Always Manage Volatility: You invest across all market conditions. Therefore you will buy units at high & low NAV’s and also at highest & bottom NAV’s. On average your purchase price over a 5 / 10 / 20 year period will be much lower.
- Always Flexible: Invest on the date of your convenience, many options available across the month.
- Always Dynamic: A smart option would be to invest more when markets are down. So you can add to SIP’s and when markets are high you can reduce SIP’s.
- Always Adjusting: Nothing to worry if you miss one installment. Just add it manually if you like.
- Any time liquidity: Investment is never locked in and you can withdraw it whenever you like.
- Always suitable: SIP is ideal for salaried persons but even if you are self employed it’s a great idea to save a little bit every month. This is the best way to invest for people who do not have a large capital to start with. For people with large capital the recommended method is STP (Systematic Transfer Plan), which is essentially the same thing like an SIP.
Word of caution:
- Try and be disciplined and consistent.
- Continue SIP for a minimum 8 to 10 years to see the true magic of SIP.
- Have a minimum of 1-2 SIP’s and maximum of 4 to 6 SIP’s.
- Any time is a good time to start SIP.
- Do not encash your SIP’s if the markets has crashed. Add more funds or start new SIP’s at this time.
Kindly give us a call on 022 – 40024043 / 44 / 45 should you need any further assistance or to schedule an appointment. Also you may send a WhatsApp message @ 7977877924