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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
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Number of posts : 51
Age : 40
Location : India
Registration date : 2010-08-09 -
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