Everything you wanted to know about SIP - PowerPoint PPT Presentation

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Everything you wanted to know about SIP

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SIP is an organized way of investing regularly in a mutual fund. – PowerPoint PPT presentation

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Title: Everything you wanted to know about SIP


1
EVERYTHING YOU WANTED TO KNOWABOUT SIP
  • WEALTHCARE INDIA

2
WHAT IS
SIP?
  • An SIP is a particular amount,invested for a
    continuous period at regular intervals, generally
    monthly. Usingthis method, an investor buys unit
    of a scheme at a pre-decided frequency.SIPs,
    which help investors take part in the stock
    market, obviate the need totime the market, and
    bring discipline to their investment methodology.

3
MOST POPULAR TYPES OF SIP
  • Step-up or Top-up- Step-up or top-up SIP allows
    you to increase the SIP amount at fixed
    intervals. This facility also allows you to take
    advantage of well-performingfunds by changing
    your investments appropriately.
  • Flex Flex SIP or Flexi SIP, it allows you to
    adjust the SIP amount based onyour financial
    conditions as well as the conditions of the
    market. Withflexible SIPs, the SIP amount is
    flexible, and the investor has the option
    toadjust the amount as required.

4
MOST POPULAR TYPES OF SIP
  • Trigger- With the trigger SIP, you get to set a
    trigger for your SIP investment.This style is
    ideal for speculators withsound information on
    budgetary business sectors, as it incorporates
    hypothesisand every day market surveillance.
  • Perpetual SIP- Continue paying without an end
    date. Not for a year, 3 or 5 years, yet prop up
    until you need to! However, this plan is
    normally not suggested, since having an end date
    shows budgetary order and energizes an objective
    based methodology that at last prompts financial
    satisfaction.

5
How to Invest in SIP Online
  • Step1 Get necessary documents- You only need a
    basic documents to start an SIP online a PAN
    card, an address proof, a passport size
    photograph, and a cheque book. The cheque book
    will be useful to provide your bank details. It
    is not obligatory to have an Aadhar card, yet it
    would improve the method.
  • Step 2 Become a KYC Complaint- It is mandatory
    to comply with the Know YourCustomer (KYC)
    requirements for investing in mutual funds. You
    simply should provide basic information like
    name, date of birth, mobile number, address, etc.
    You just have to go through the process once,
    even if you are investing in multiple mutual fund
    schemes with different fund houses.

6
How to Invest in SIP Online
  • Step 3 Start the SIP Online- Once you are KYC
    compliant, you can visit the the website of the
    fund house you want to invest. Search for a
    Register Now or a New Investor link. It will
    prompt you to fill a simple form with your basic
    details, and to choose a username and password
    fortransacting online. It will also ask you to
    enter your bank account details toset up a
    monthly debit and to process the redemption
    proceeds when you redeem.

7
CONTACT INFORMATION
  • Website- www.wealthcareindia.com
  • Contact Us- 91-98101 84368
  • Email Us- sales_at_wealthcareindia.com
  • Address- A 54 A, Lower Ground Floor,
    Lajpat Nagar- II, New
    Delhi-110024, India
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