About SIP

An SIP (Systematic Investment Plan) is a Mutual Fund investment where an investor invests small sums of money over regular periods (say, weekly, monthly or quarterly).

Very few people have the time and expertise to invest in the stock market directly. Investing in stocks through the mutual fund route is therefore a very good option for such investors. Mutual fund investments can be done either in lump sum or in instalments.



Benefits of SIP

  • Systematic way to achieve your long term goals
  • Monthly instalments can ideally start from Rs. 1000/- per month
  • Invest Rs. 2000 per month for 10 years, to see your capital grow to Rs. 4,64,678/- at an average return of 12% per year
  • Rupee Cost Averaging - buy fewer units when the price is high and more when the price is low, thereby averaging the cost per unit
  • Power of compounding - start early and earn much higher returns than someone starting out late even with a slightly higher corpus
  • Reduce tax payout if you choose a Tax Savings Fund
  • No tax on dividends received or capital gains for Equity Mutual Funds & Balanced Funds that are held for more than 1 year
  • Stop at any time and redeem your units, unless you have chosen a Tax Savings Fund

About Geojit

Geojit is a leading retail financial services company in India with a growing presence in the Middle East. The company rides on its rich experience in the capital market to offer its clients a wide portfolio of savings and investment solutions. The gamut of value-added products and services offered ranges from Equities and Derivatives to Mutual Funds, Life & General Insurance and third party Fixed Deposits. The needs of over 8,23,000 clients are met via multichannel services - a countrywide network of over 511 offices, phone service, dedicated Customer Care Centre and the Internet.