AN INVESTMENT IN KNOWLEDGE PAYS THE BEST INTEREST

AN INVESTMENT IN KNOWLEDGE PAYS THE BEST INTEREST

In the earlier article , we have highlighted the growth in values of your investments through mutual fund over a longer period of time- return ranging from 30% to 100% a year in some of the schemes. Benefits are available in lumpsum investment when the market conditions are bearish that is when the prices are beaten down .

Another method of investment in Mutual fund is by way of Systematic Investment Plan (SIP) over a longer period paying in small monthly instalments starting as low as Rs.500 a month for 6 months(min) to 10 years.. Electronics Clearance Service (ECS) is available thru all banks to make payment directly deducting the amount every month from your saving bank account .

Entry load is scrapped which means you don’t spend on agency commission & you get allotment of units for full value of money invested You can go from offline to online converting physical Units into DEMAT account .

It makes it easier for demat units to be traded on line at BSE / NSE terminal with minimum cost of transaction . No longer do investors have to worry about filling redumption form . Previously nomination had to be executed for each and every fund individually . In demat format you can have the same nominee as on the Demat account .

Acquire these simple informations to maximise return on your investment opting for SIP & choosing Demat format.

Chennai Plus

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