Management of one's finances to attain a defined goal calls
for a lot of discipline, many a times self-imposed. Our Systematic
Investment Plan is a tool, which can help you, inject this
discipline in your financial management efforts.
Our
Systematic Investment Plan (SIP) provides you the facility
to periodically invest a fixed sum over any defined period
of time (6 months or more) in a disciplined manner.
SIPs
help in arresting uncertainties associated with trying to
time the market and thus, in the long term tends to iron
out market fluctuations.
It also
brings in the much needed investment discipline as you allocate
a defined sum to your investments for a defined frequency,
thus making investments a mandatory component while you
allocate your resources.
It brings
down your average cost of acquisition of units. As you would
allocate a fixed sum every month, you would buy more units
when the prices of our units are lower than when they are
higher. We call this Rupee Cost Averaging.
Finally,
through this arrangement, your funds otherwise lying idle
(and if you know it, on account of inflation, depleting
in real value) in your bank account get channelised into
future wealth creating investments.
And
of course, you stand to gain in terms of a more favourable
entry load on your systematic investments.
