Read the below article it will solve all your queries -
http://www.hdfcfund.com/InvestPlans/...7-1549273F31C2
Read the below article it will solve all your queries -
http://www.hdfcfund.com/InvestPlans/...7-1549273F31C2
'When someone shares something of value with you and you benefit from it, you have a moral obligation to share it with others.'
Advantages of SIP -•Saving and wealth accumulation
• Inculcates disciplined habit of investing
• Entry at various market levels (averages out the possible risk associated with the equity market)
• Hassle-free mechanism (one-time arrangement – instructions are given at the time of initial transaction)
• Power of Compounding
• Investments synchronised with your cash inflows/salary
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