BEST SIP PLAN IN MUTUAL FUND

As an investor, you would always look for options that is offering the best solution to you. However, in SIP investment in mutual Funds tool there is as such no set best SIP plan. All you got to do is to decide your financial goals and accordingly choose a SIP plan based on what financial goals you wish to achieve.

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SIP investments plan| Image Source : Pixabay.com

 Here are the numerous reasons to start SIP investment today. It is equally convenient to start it with Kotak Mutual Fund. For more information visit on Kotak.

  • An easy, convenient and flexible investment route
  • The most disciplined investing leads to higher returns
  • It is certain & that you will be able to achieve your financial goals

Investing in SIP brings in financial discipline to your life. With SIP investments plan, you can start low and reap really high benefits. It is the simplest & hassle-free way of managing your investments. Instead of a full on-time riskier investments, you can invest in the fixed intervals as per the convenience of the time & amount.

Here are few of the benefits of investing in SIP investments:

  1. Averages your mutual fund purchase cost & maximizes the returns
  2. You will be benefited with the great power of Compounding
  3. You can start investing in SIP with as low as Rs.500/-
  4. Invest in small amounts regularly
  5. Opt for monthly auto-payment
  6. No worries about market ups & downs
  7. Plan budget and expenses better
  8. Best Tax saving investment under Sec 80C
  9. Achieve financial goals by investing small for a long term

There is complete flexibility in investments. You can add up/ reduce the amount invested or discontinue the plan at any given time.

One of the most imperative in SIP investment is to be aware of your financial goals. It is obvious that unless you know what are your goals how would you achieve them all?

Here are some steps to discipline your financial independence:

  • First, begin by listing down your financial goals for a specific period in time.
  • Next, segregate these goals by when you need to accomplish them.

Once you have the goals & have listed when to achieve them then we suggest to visit the SIP planner & complete the required information. The SIP calculator accounts for everything - financial goals, achievement dates, investment strategies and even, inflation. It will help you determine how much you need to invest in a mutual fund using SIP. It will even recommend the best mutual funds for SIP to achieve your goals i.e. if your goal is to save tax then it shows you a list of the best ELSS mutual funds.