Amidst the persisting market volatility, the monthly SIP (Systematic Investment Plan) inflows into mutual funds have sustained over Rs. 8,000 crores for 16 months. (Period- Dec 2018 – March 2020). Source: Association of Mutual Funds in India
Systematic Investment Plans (SIPs) are increasingly becoming the preferred route for investing in mutual funds, as is evident from the consistent SIP inflows. Indian Mutual Funds currently have about 5.93 crore (59.3 million) SIP accounts through which investors regularly invest in Indian Mutual Fund schemes.
Source: Association of Mutual Funds in India – AMFI
A Systematic Investment Plan (SIP) is an investment option for investors to invest in mutual funds periodically. Once a SIP is registered, the investment amount is automatically deducted from the bank account on the specified date and invested in mutual funds. This allows investors to make consistent investments towards their financial goals.
A Father-child relationship is one of the most beautiful relationships in the world. However, it is often felt that a father may not even express their emotions and feelings with their children yet silently work towards fulfilling all the dreams and aspirations of their child. Traditionally, financial matters often flow from top to bottom, with your Father taking care of your savings, etc., during the early stages of your lives.
Systematic Investment Plan (SIP) is a facility offered by the mutual funds to investors. Here one can opt to invest in a mutual fund scheme on regular basis by registering a standing instruction, wherein mandated amount by the investor is deducted automatically from the bank account and invested in the mutual fund scheme as specified in the registration process.
