Powered by Blogger.

Wednesday 8 July 2015

‘Systematic’ approach to your bright future

Unknown / / 0
There is a system to how you make money. There are responsibilities at workplace that you take care of, and are rewarded for.

There is also a system to how you spend that money. You divide it in personal and domestic expenses, liabilities and savings.

If there’s a system to how you make money, and there is a system to how you spend it, why is there no system for how you invest it for your future?

The most common excuse is: “I don’t have a large enough amounts saved each month, to invest it somewhere.” But who said that small amounts can’t be invested? Haven’t you heard that you can start investing as much as Rs. 500 per month with Systematic Investment Planning (SIP)?

A Systematic Investment Plan is a planned, regular investment in Mutual Funds. You could invest a fixed amount every month, or every quarter, even annually. If you activate the auto-debit feature, then the small pre-determined sum will be withdrawn periodically from your bank account, without you having the hassle of remembering the date and issuing cheques.

For your investment, you are allotted units of the Mutual Fund, based on the prevailing Net Asset Value (NAV). You can track online, the total number of units accumulated in your account. On a daily basis, you can check the worth of your Mutual Fund investment based on current market rate, i.e. NAV.

Systematic Investment Planning is a proven mode to get maximum returns from a MF investment. Get on this system to brighten your financial future.

Unknown


0 comments:

© 2014 BAJAJ CAPITAL | Distributed By My Blogger Themes | Designed By Bloggertheme9