Often, newbie investors remain confused when embarking on their investment journeys. Their inexperience, lack of knowledge and the virtual ocean of myths that plagues the world of investment make things all the more perplexing for such rookie investors. In fact, these prevalent investment myths often discourage newbie investors.
Mutual funds today are everywhere, be it on TV, newspaper or various places on the internet. There is a good chance that every time you hear about mutual funds, it is followed by a powerful three-lettered abbreviation, SIP, “S – Systematic, I – Investment, P – Plan”.
New Delhi: BSE said it has introduced a paperless SIP facility for mutual fund investors, a move that will drastically cut the registration time and also allow subscribers to transact through different payment modes including net banking. As there will be no requirement of filling physical forms under the new facility, the chances of errors that presently result in rejection of many applications will also not exist. BSE has introduced iSIP, which
Mumbai : Leading stock exchange BSE is likely to roll out the paperless SIP facility for mutual fundinvestors by this month-end, a move that will drastically cut the registration time and also allow subscribers to transact through different payment modes including net banking.
Mumbai : Fund houses are pinning their hopes on the Systemic Investment Plans (SIPs) for business growth this fiscal and expect an uptick of up to 20 per cent in overall assets under management.
By now we know that the sole purpose of an Endowment Plan (with a Waiver of Premium Rider) is to ensure the continuation of the savings/invest plan of the householder in the unfortunate event of her death, and thereby ensuring the achieving of her aspirational goals for her dependents. Do not ever look upon an Endowment Plan as an investment by itself.
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