Decoding Sip Investments
Money can act as the biggest motivator for many of us. In today’s electronic world, most of the money exists only on the papers and many of us wish to see an amazing figure under the head that reads “bank balance”. Well, SIP investments, when smartly planned can give investors enough reasons to save and save more to emerge successful in life’s financial battle. Even investment advisors know the fact that different people have different instincts and this might be the reason for having a myriad number of SIP plans, to suit the needs of every kind of investor. Some of the kinds of SIP investments are mentioned below: The Growth Plans: Investors under the growth plans can choose to invest a particular amount in SIP month on month and it keeps on accumulating. The growth of the investment in such plans depends on the percentage of the debt and the equity component. Once the term ends, the money invested every month and the returns obtained on the same become the fund va...