Find The Best SIP For 5 Years

Best SIP for 5 years   

Mutual funds are a good investment option. Investing through Systematic Investment Plan (SIP) in mutual funds can give good returns. SIP is a simple way of investing in mutual funds. It allows you to invest a fixed amount of money in mutual funds regularly.

As you invest regularly you do not have to time the market. Investing small amount of money regularly over a period of time can help you realise your financial goals. SIP allows you to invest in this manner. You can invest quarterly or monthly. 

Before you invest you should identify your goals. You should then calculate the right amount you need to invest to reach your goal. You have to decide the number of years you want to invest for. If your are clear about the goal you want to reach then you should invest in the funds that help you reach your goal. If are investing for 5 years or more then equity mutual funds is a good option. You should invest the right amount regularly to reach your target amount.

There are different funds and selecting the funds to invest in can be difficult. You can take advice from the financial advisor. The financial advisor can help you select the best SIP for 5 years as per your needs and goals.

Kotak Mutual Funds provides investments in mutual funds through SIP. It offers financial advisors who can guide you to invest right.

Why SIP?
Investing regularly over a period of time can make your investments wealth creating investments. You should invest regularly in a disciplined way for a greater tomorrow. The many reason of investing through SIP are:
    • It is a convenient and automated process.
    • It brings discipline to investments as you invest regularly. It makes investing a mandatory component when you allocate      your resources.
    • It allows power of compounding. The longer you invest the more the effect of compounding.
    • As you invest a fixed amount you can buy more units when the market is low and less units when the market is high. This brings down the average cost of acquisition of units.

Kotak Mutual Funds offer investing through SIP online. You can start SIP investments by filling and submitting the required form online. You can start the SIP on any day of the month. The further installments have to be done on the given dates. You do not have to write a cheque for every installments you can debit the required amount from your bank account periodically.