SYSTEMATIC INVESTMENT PLAN(SIP)
If you are a future cautious person with regular/fixed income????
are you not satisfied with the fixed account benefits???
are you afraid of mutual funds or shares due to heavy risk???
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i have a solution for all of you guys...
it is the SYSTEMATIC INVESTMENT PLAN(SIP)
it is nothing but investing your money systematically in securities as in fixed amount in regular intervals.
your investment can be 25000,10000,5000 or even 500 .. the amount will be utilized for purchasing shares or other securities and it will be accumulated....and you can earn more if you are patient...if your investing regularly more than a period of 5 years you will get the multiples of you invested......