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Need information about SIP

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  #1  
Old 21st September 2008, 04:15 PM
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Default Need information about SIP

Hi all,,

I wnt to knw abt SIP....

Wt are the advntge & Disadvntge....

How to invest in SIP..
in which MF shouls i invest to get good returns...

e.g. reliance, HDFC ,etc....

thnx
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Old 21st September 2008, 04:19 PM
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Default Re: Need information about SIP

sip means systematic investment plan which can b of any company in investing in SIP u can stop losses to about max 15% .wherever mkt goes u will not hav much loss n when mkt cross ur avg u will b in profit for knowing more go in mutual fund thread
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  #3  
Old 14th October 2008, 07:25 PM
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Lightbulb Re: Need information about SIP

Quote:
Originally Posted by Rahulmoney79 View Post
Hi all,,

I wnt to knw abt SIP....

Wt are the advntge & Disadvntge....

How to invest in SIP..
in which MF shouls i invest to get good returns...

e.g. reliance, HDFC ,etc....

thnx
I would also like ti know more about SIP. I have been searching for information on google but I found nothing at all. Help needed!
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  #4  
Old 14th October 2008, 07:52 PM
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Default Re: Need information about SIP

Quote:
Originally Posted by Rahulmoney79 View Post
Hi all,,

I wnt to knw abt SIP....

Wt are the advntge & Disadvntge....
SIP as offerred by the Mutual Funds is the Systematic Investment Plan, that suits them.... in my opinion.

Catch one Fund house, select a Fund, and issue post dated cheques, so that on a particular day of each month, units of that fund shall be bought.... whatever is the status of the markets.

Guys who are too busy to even plan and budget their own life and finances, fall for it.....mostly.

There is a better way though.

Various websites shall show you movement of various indices over months, and you would find that almost every month, atleast once the market is at it's lows for that month.

This is true for Equity, Commodities, and other markets.

websites like valueresearchonline dot com give you details of each fund.

Ideally, one should choose a fund, see which all scrips it includes, check for them every evening in the leisure time. When they are at their near-low for the month, buy for pre-decided amount the next day morning.

This is another system for a systematic investment, when one could catch the monthly lows to get more units, than buying on a fixed day to get lesser units.

Choice is yours.... it's your money that you wish to invest.

Cheers & Good Luck!
SS
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