#SIP INVESTMENT ICICI REGISTRATION#
#SIP INVESTMENT ICICI VERIFICATION#

This document is not an offer, invitation or solicitation of any kind to buy or sell any security and is not intended to create any rights or obligations.

#SIP INVESTMENT ICICI REGISTRATION#

The information provided herein is not intended for distribution to, or use by, any person in any jurisdiction where such distribution or use would (by reason of that personвЂs nationality, residence or otherwise) be contrary to law or regulation or would subject lClCl Bank or its affiliates to any licensing or registration requirements.

#SIP INVESTMENT ICICI VERIFICATION#

The information contained herein is subject to updation, completion, revision, verification and amendment and the same may change materially. The contents of this document are meant merely for information purposes. Start investing in your preferred fund through SIP to fulfil your long dreamt financial goals. SIP investment calculator helps you to calculate your returns on your systematic investment. One can start low and increase investments in the long run to enjoy the benefits of compounding. The entire process of SIP can be beneficial only when a person starts investing early and parks the money in the market for a longer period. Similarly, with a lump sum investment, one gets only 240 units with per unit cost as high as Rs 15. Over a period of 6 months, the investment through SIP gets more units i.e. Here is an illustration which explains rupee cost averaging we consider two situations of investment in mutual funds one through SIP and another through lump sum. This is another advantage of SIP in which a person buys more units when the market is low and buys fewer units when the market is high. For instance, the same amount with the same rate of interest when is invested for 20 years, the compounded amount becomes Rs 673 while in case of simple interest, the amount becomes Rs 300. This amount staggeringly increases when the term increases. So, power of compounding gives a rise of 7%. For instance, if you deposit Rs 100 for a tenure of 5 years with interest of 10%, the amount in case of simple interest will be Rs 150 while in case of compound interest, it will be Rs 161. So in case of compounding, your money grows exponentially. Unlike simple interest where the interest is calculated on the base capital, in case of compounding, interest is calculated on the newly increased capital after the interest is added to the base capital. So, why is SIP an ideal investment option? There are two underlying processes to understand the work of SIP. As the NAV of the scheme keeps on changing, with the same SIP amount you may buy fewer units when the market is high and more units when the market is low. SIP allots you additional units of the scheme with every instalment. The number of units that you have invested depends upon the Net Asset Value (NAV) of that particular scheme for that particular day. Once the amount is deposited, you get a certain number of units of the mutual fund scheme where you have invested. SIPs work like recurring investments, where this amount is auto-debited from your bank account and invested in the mutual fund of your choice. Systematic Investment Plan (SIP) is a disciplined investment approach that helps in building greater wealth for future by investing a pre-determined sum at regular intervals (weekly, monthly, quarterly, etc.) You can also choose the option of auto-debit by instructing the bank to periodically withdraw the amount and direct the investment towards your chosen mutual fund scheme.ДЄs SIPs are flexible in nature, investors can anytime increase their investment amount and also discontinue their investment. SIP is one such way of investment which has been largely opted by investors. Initially it was only savings, but now the quest to earn higher returns have led to investment. Investments have become an integral part of financial planning.

Sip investment icici