Systematic Investment Plan (SIP)

Why SIP?
1. It enforces discipline in you to save money regularly
2. You can start with as low as Rs500 a month
3. It benefits immensely from the principle of rupee cost averaging
4. Historically, over a long period of time, SIP has consistently outperformed the returns available from other investment options
5. If you really have to – for a genuine reason – you can always opt out of a SIP (no lock-in period except for tax schemes-3 years)
6. The entry and exit costs of an SIP are zero

Choose the right SIP for you and start investing today. You have a broad range of choices from 100% equity to 100% debt schemes to suit your risk taking ability. These seemingly small drops of investment, if continued over a long period of time and enhanced to keep pace with your rising annual income, can contribute significantly towards securing a financially sound retirement for yourself or financial security for your kids.

Personally, I am invested in HDFC Tax Saver SIP. I started this when my little angel was born. Rs.5,000 gets debited from my salary account on 1st of every month and is invested into, predominantly, equities. So far I have no complaints – only a reason to rejoice. Below is the snapshot of my investments and returns so far.

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I strongly urge you to start investing today. Select an SIP and enjoy the benefits over time.

The usual caveat, though i have nothing to benefit here: past performance is not necessarily indicative of future. You must consult your financial advisor before acting upon any information.

Good Luck!