In India, the attractiveness of investing in mutual funds has developed to a great degree. This is due to the amount that is received in the conclusion is just great and it cannot be proposed by financial institutions and various banks. The biggest thing is several institutions and banks cannot even imagine offering similar returns that mutual funds can offer. There are numerous companies that offer SIP plans through various schemes in mutual funds. When it comes to choosing which company you should choose, there a few pointers that you should keep in mind.
Which mutual fund SIPs to choose?
There are various people who have a reliable company that they would prefer to choose a Mutual fund SIP in India. But the most important point that should be seen is the amount of return and the various schemes that the company is offering to the Indian public. You should also make sure that the different schemes are executing well in the Indian market and are benefitting the public for the rate of return.
The various SIP options for investment
There are various options being launched by companies to profit various groups of people. Few of the investment options that the companies are currently offering are:
Rs 100 for a minimum period of 5 years
Rs 500 for a minimum period of 1 year
Rs 1000 for a minimum period of 6 months
The company also offers quarterly investments apart from the monthly investments. Rs 500 is given a form of quarterly payment that has to be given within a period of 12 installments.
Rs 1500 can be given within 4 installments.
Mode of Payment
The payment for SIP’s can be made in several forms depending on the convenience of the owner. SIP mutual funds offer adequate amount of opportunities to the public so that they can benefit in the long run.
