Investment Tips: Investment in mutual funds has grown rapidly in the country in the last 8-10 years. In this, maximum investment is being done through SIP. Many new investors keep planning to invest money in the stock market. If you are also thinking of investing in the stock market, then mutual funds are also a better option. In this, you can deposit a fixed amount every month through SIP.
You can start investing in SIP with just Rs 100. This amount is not much as compared to any other investment medium. Along with this, by investing every month, it teaches to make a disciplined investment.
You can increase your investment amount
SIPs are also flexible according to the investors. You can also increase your investment amount in between. Suppose you are investing Rs 500 in a SIP but you can increase it if you want.
Increasing the SIP amount helps in reducing the average cost of mutual fund units. When there is a sharp decline in the market, increasing the investment in SPI gives the benefit of cheap units and the benefit of strong returns in the fast.
Also read- What are the benefits of Maternity cover taken with health insurance? understand full profit and loss
Monthly savings and no worries
The big advantage of starting a SIP is that you learn to save every month. If you invest a fixed amount every month as per your choice, you will save a fixed amount. Along with this, you should also take the tension of the stock market. Because experts will invest your money.
You can stop SIP whenever you want. If you need money in the middle, you can stop it. This means you are not obliged to invest your money for a fixed period every month. On the other hand, as an investor, there is no need to give regular time to the market.
Diversify your portfolio
Diversify your investment portfolio. Do not invest the entire amount in any one mutual fund scheme or SIP. Invest money in different schemes. This will save you from a big loss in a fall. Rather invest in different sectors.
Tags: Mutual fund, mutual fund investors, Returns of mutual fund SIPs, Systematic Investment Plan (SIP)
Read Article in हिन्दी