Home
Portal
Search
Latest images
Register
Log in
Atom FeedAdvantages of SIP investment?
Page 1 of 1
Advantages of SIP investment?
by jiten702 Mon Sep 20 2010, 18:01
Systematic Investment Plan offers following two major advantages:
• Rupee cost averaging: This means as you are investing a particular amount every month at prevailing NAV you accumulate more number of units when NAV is low and more number of units when NAV is high. So this automatically brings down your unit cost by way of rupee cost averaging.
•SIP is the best tool to accumulate long term wealth by taking advantage of rupee compounding in long term.
• Rupee cost averaging: This means as you are investing a particular amount every month at prevailing NAV you accumulate more number of units when NAV is low and more number of units when NAV is high. So this automatically brings down your unit cost by way of rupee cost averaging.
•SIP is the best tool to accumulate long term wealth by taking advantage of rupee compounding in long term.
jiten702- MoneyTalker
-
Number of posts : 51
Age : 41
Location : India
Registration date : 2010-08-09 -
Similar topics» How toget advice on stock and Mutual funds buying or selling
» Which is the best investment product?
» Do you consider Timeshare as an investment?
» My teenage investment experiences
» Investment options in any Mutual fund scheme.....
» Which is the best investment product?
» Do you consider Timeshare as an investment?
» My teenage investment experiences
» Investment options in any Mutual fund scheme.....
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum