For the last several years, people have been investing a lot in mutual funds, there are very good means of earning good returns from their savings, how to invest in seeps (SIP), what is seep (sip kya hai) information in this post You will get to know.
SIP = Systematic Investment Plan
SIP Kya hai – What is oyster?
SIP is a means of investing that is offered to investors by a number of mutual funds, allowing investors to invest small amounts from time to time instead of lump sums and the investment period is usually weekly. , Is monthly or quarterly. In SIP, a certain amount of money is debited from investors from bank accounts from time to time and invested in a specified mutual fund.
A recurring payment for SIP can be determined using electronic clearing services in India. Tax benefits are allowed under some mutual fund equity linked savings schemes and have a lock-in period of only three years. Discipline is very important in Mutual Funds, SIP works to maintain SIP discipline at all times, SIP regularly invests in Mutual Funds continuously irrespective of the stock market situation.
SIP Mutual Fund kya hai?
Systematic Investment Plan i.e. SIP allows the investor to invest a certain amount of money in a mutual fund scheme, usually an equity mutual fund, this is called SIP Mutual Fund, ie the investment in a mutual fund is a oyster mutual fund. .
How does SIP work?
SIP is a scheme that allows investors to invest a certain amount of money in a mutual fund for a certain period of time, and SIP allows units to be bought on a given date each month so that everyone can save for themselves. As such, investors can invest at least 500 rupees and any number of rupees in a mutual fund every month and there are many benefits of a one-time investment in this systematic investment plan. Investing every month ensures that the high and low of the market can be invested at any time.
An investor can invest a fixed amount pre-determined every month or quarter through post-dated check or through auto-debit facility. Investors are required to fill out an application form and a SIP mandate form, on which they have the right to choose the SIP date at their own discretion, on which to invest the amount, the form and the check or office of the mutual fund or investor service or the registrar. Transfers can be submitted to the office of the nearest service center of the agent. The amount of the date of receipt of the check Net asset value Investments are also made in ‘NAV’.
How to start SIP?
How can you start a SIP? The outline of the entire process is as follows –
Complete KYC formalities – To invest in a mutual fund, through SIP you first need to comply with KYC, some documents are required to fulfill the paperwork requirements for starting SIP like – PAN Card, Identity Card , Passport size photo, check book etc.
One can visit the website of the fund house providing electronic KYC facility or on the online portal of registrars and transfer agents like CAMS where you have to provide basic information like your name, date of birth and contact details and details given by you To support, one has to upload their PAN card, proof of address and a soft copy of the photograph.
Then you have to schedule an appointment for a video call, which is intended to confirm your identity via webcam. At this time, you also have to show your PAN card and address proof.
Verification through Aadhaar card does not require verification through video call, for this you need to do –
★ Enter your Aadhaar number
★ Enter a one-time password on the linked mobile number
★ Then, your original details are automatically filled
Aadhaar card based KYC limits investment to Rs 50,000 annually. To extend this amount, you have to provide your PAN card details. Once you are KYC, you can invest in a mutual fund scheme from any fund house of your choice. Every time you contact a different fund house, you do not have to do the KYC process again.
Register for SIP – Now you have to focus on registering for SIP in the mutual fund scheme of your choice, for this you first have to go to the website of the fund house offering the scheme, then go to a link to register a new account. Hai, once you click on this link, you will see a simple application form, in which you have to fill basic personal information and contact details, now you have to choose a user ID and password to do online transactions, now the bank Provide the details of the account from which the oyster payment is to be debited, once the registration is completed and confirmation from the fund house, you are ready to start investing.
Select the correct SIP – What is the right SIP for your needs, it will depend on your income and expenses, your financial goals and the amount you are about to invest.
What are the advantages of SIP?
★ A disciplined approach to investment
★ least investment facility
★ Low-risk investment channel
★ Tax Saving
★ Time is not needed in the market.
★ The power of two powerful investment strategies included: – the cost benefit of rupees (profit from volatility) and the power of compounding (small investments create a fund of funds for communal use, ie big kitty with time)
★ Wallet does not carry much weight.
★ The advantages of early start are greater.
What is the disadvantage of SIP?
★ Systematic Investment Plan is very long term.
★ The income-tax authority has to follow the norms.
- What is Mutual Fund, complete information