SIP vs. Recurring Deposit – Which one’s better?

SIP vs RD are two popular saving plans between retail investors, which helps the idea of long-term wealth creation. SIP is an investment plan in mutual funds and RD is a recurring deposit in banks. But still, they have many differentiations. To make reasonable decision investors should judge the differences between SIP and RD. In this article, we will discuss various factors of differentiation. Understanding SIP & RD SIP ( [...]

By |2019-09-17T06:12:53+00:00August 17th, 2019|SIP|0 Comments

Why SIP is the best way to invest in mutual funds?

Understanding SIP Systematic Investment Plan or SIP is a mode of investing money in mutual funds. The other way to invest in a lump sum or a one-time payment. In SIP, a fixed amount of money is invested in a mutual fund of your choice every month. The set up is such that the money is automatically debited from your bank account to know what amount of monthly SIP you [...]

By |2019-08-08T09:07:35+00:00July 31st, 2019|Investment, SIP|0 Comments