Finance

What is SIP and what are its benefits?

SIP is an investment plan which is short form of Systematic Investment Plan. Systematic Investment Plan is a way to invest a fixed amount on a regular basis in mutual fund schemes.
( PR4US.com | Press Release | 2018-11-19 20:37:20 )
SIP is an investment plan which is short form of Systematic Investment Plan. Systematic Investment Plan is a way to invest a fixed amount on a regular basis in mutual fund schemes.

It’s operation is just like a Recurring Deposit investment in a bank, although for SIP in Mutual Funds you can choose from any asset class like Equity , Debt or Gold.

In Systematic Investment Plan, an investor selects a period; it may be one to five years, ten years or even perpetuity. Also, intervals may be weekly, monthly, quarterly, etc. and the amount also depends upon the investor. The amount is automatically debited to the investor's bank account. As the participation of retail investors has increased in mutual funds, the SIP is also gaining trend among them. Below we will explain you the benefits of a Systematic Investment Plan in case of investment in mutual funds.

Benefits of investing in the SIP:

Rupee Cost Averaging

This is the main benefit of investing in mutual funds through SIP. The average cost of the break is a process in which an account holder can carry on to deposited some cash after every fixed interval (which account holder can change according to her or her easiness), in spite of the cost of the stock / NAV. An investor receives more units when the NAV of a mutual fund scheme decreases and fewer units when the NAV of the scheme increases. Therefore, over a long period of time, the cost of the units for the investment will also be lower despite the volatility.

Disciplined Investment

By committing to investing a particular amount of cash, investors inspire regulation in their character, which is necessary for the creation of long-term prosperity.

Flexibility

Investors can decide the amount, period and interval of SIP according to their convenience. Also, the account holder has right to stop the SIP in a mutual fund at any time without any loss.

How does Systematic Investment Plan work?

A Systematic Investment Plan is primarily for that person who has a mutual fund account and wants to save some amount at regular interval. In this plan amount to be saved is not fixed which can be changed according to the easiness of the account holder. It is assigned a certain number of units based on the current market rate (NAV day or net asset value) of the day. So before applying for the SIP plan, one must know How To Start SIP Investment.

Each time you invest money; the additional units in the scheme are purchased at the market rate and added to your account. Therefore, units are purchased at different rates and investment.

To know which is Best SIP Plan To Invest one can contact with Hexagon Wealth Advisor’s as their one can solve for their all queries related to Systematic Investment Plan.

About the Company
Hexagon Wealth Advisors is known in the investment market as a company that not only offers a variety of investment options but also try to ensure that suitable funds are suggested for investment through their seasoned guidance. Many people are skeptical about parking their hard-earned money in financial products about which not much is known, and here, Hexagon Wealth Advisors plays a vital role by spreading awareness about the investment of their savings in Mutual Funds. A team of highly experienced and expert advisors guides people to invest money as per their short term or long term investment goals.

The services provided by the company include Tax Saving Plan, Investment for beginners, Financial aspect of Retirement planning, Child education planning, Wedding planning and also products like Fixed deposits, Life insurance, Health insurance, Mutual funds, along with many other options.

Find out more about the company at https://www.hexagonwealthadvisors.com/
https://www.hexagonwealthadvisors.com/how-to-invest-in-sip.php
https://www.hexagonwealthadvisors.com/aboutSIP.php

Address:
Hexagon Wealth Advisors
1/14, Double Storey,
Near DAV School, Jungpura Extension,
Jangpura, New Delhi, Delhi 110014.
Phone: 011-24374121, +91 9910911169
Email: info@hexagonwealthadvisors.com
hexagon12@gmail.com

Media Contact:
Shikha Sultan
Mob: +91 9910911169
https://www.facebook.com/HexagonWealthAdvisors/
https://twitter.com/HexagonWealth
https://plus.google.com/111067032265662738711
https://www.linkedin.com/company/hexagon-wealth-advisors/


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Shikha Sultan
https://www.hexagonwealthadvisors.com/

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