MoneyTree

Hello Friends,

Systematic Investment Plan, the word itself describes many things. Systematic stands for “discipline” - means it says we need to be discipline while doing any work and same rule applies to investment as well. For healthy lifestyle you need to eat healthy food, drink plenty of water, take enough sleep, exercise everyday and most importantly be discipline for everything. If you do all these things then you will be able to achieve healthy and fit body and lifestyle. Just like Health there is equal importance of Wealth. To create wealth we need to invest early, invest regularly, invest systematic, and need to stay invested.  Once you do all these exercise you will definitely able to create wealth.

Basic definition of SIP is – “to invest fixed amount at regular interval of time to the fixed fund. It can be weekly, monthly, quarterly etc.” The main idea behind this is to make the client discipline about their investment. This concept introduce by Mutual funds to attract small savings from lower income people and bring discipline in their financial life. SIP allows people to even start with Rs. 500 per month. So now you know how attractive SIPs are!

Let me tell you some basic characteristics or advantages of SIP:

• It brings financial discipline in life
• Timing risk is eliminated
• Works well over long period
• Enjoy the power of compounding
• No need to wait to accumulate big sum
• Reach financial goals in painless manner
• Benefit of cost averaging

And top of this do you know what’s the best part of SIP are? No.

Let me tell you that SIPs are so much flexible for investing. See following are SIPs features:

• You can choose any date for your SIP
• No restriction of amount
• You can stop your SIP anytime and let your investment grow
• You can increase or decrease your SIP anytime
• You can redeem your SIP anytime

So let’s start your SIP today only and bring your wealth through follow simple rules of investment as said above. And one more thing that you should not stop your SIP in any manner if you find any market instability because that time you will receive higher units with lower NAV and it will help you create huge wealth in long term.

For understanding SIP in detail you can connect us anytime!

#stay home  #stay safe  #stay invested