How To Invest In Sip - Personalfnby Personal FN Financial Advisor/Consultant
An SIP allows an investor to invest a fixed amount regularly in a mutual fund scheme, typically an equity mutual fund scheme.Get more details about SIP Investment By our Expert Recommended Features
- How To Invest In Sip
- What is SIP
- How to start a SIP
- Strategy to invest in sip
Review on How To Invest In Sip - PersonalfnCongratulations on finally deciding to step into the investment world of mutual funds.
It is convenient and easy, coupled with the inflation-beating returns from equity funds. This is a productive way to multiply surplus income and savings to achieve your financial goals.
As a newbie, you may be wondering about how to invest in SIP and in this chapter we have covered that for you.
Broadly, there are two ways to start with SIP: offline and online.
But before you embark on the journey of investing in mutual funds, you need to complete your KYC (Know Your Customer) formalities. KYC is a prerequisite for investing in mutual fund SIPs (and almost all financial instruments). It is vital compliance on the part of financial product manufacturers, to know their investor better.
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Created on Apr 27th 2019 08:47. Viewed 315 times.
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