Markets are dynamic & volatile; there is no right or wrong time to invest. When you invest in Mutual Funds through a Systematic Investment Plan or SIP, you can benefit from the expertise of experienced Fund Managers, and rest easy knowing that your hard-earned money is in safe hands.
Invest, sit back and leave managing your money to the experts!
While it’s important to calculate and invest the right amount periodically as per your financial goals, you can start investing systematically through a SIP with as much as Rs 500 per month. Starting early can help you benefit from the power of compounding & work towards achieving your financial goals faster.
• SIPs allow you to make the most of the growth potential of
mutual funds, by investing calculated amounts periodically.
• Use the calculator below to understand how investing regularly can help you build long-term wealth.
• It was once said that once said ‘Compound interest is the eighth wonder of the world’. The example below shows the difference that 10 years could make to the value of your investments.
That’s more than THREE times because you started 10 years earlier! So get time on your side by starting now.
Note. The example above is for illustrative purposes only and actual results may vary.
• Investing through a SIP can help you experience Rupee Cost Averaging. As you would periodically invest at different market levels, you could benefit by averaging out the per unit cost of your investments over time.
The graph above is for illustrative purposes only. It depicts how a lumpsum investment made in January costs an investor Rs.25 per unit whereas a SIP investor pays an average of Rs.24 per unit over time. Though the difference of Rs.1 per unit may not seem huge, it ultimately adds up to buying more units for the SIP investor.
Watch and learn more about how you too could be a smart investor by starting a SIP in Mutual Funds.
A Systematic Investment Plan (SIP) is a simple, convenient and disciplined way to meet your financial goals by investing in Mutual Funds. You can invest a predetermined amount at regular intervals in order to build your corpus over a period of time, one disciplined step at a time.
The first step is to get done with your one-time Know Your Customer (KYC) documentation.
It’s easy to complete your KYC verification online in a few quick and easy steps.
Accepted Documents include Driving license, voter ID card, passport, PAN card
Accepted Documents include Driving license, voter ID card, passport
A scanned image of your signature, or pen-paper to sign, click, scan and upload your signature
Your laptop/ tablet/ smartphone should have these features
Learn more on how you can start investing smartly in Mutual Funds through SIP in our booklet here Download
That’s it! You’re on the right track towards building your financial future.
An investor Education Initiative by ICICI Prudential Mutual Fund
Visit www.icicipruamc.com/note to know more about the process to complete a one-time Know Your Customer (KYC) requirement to invest in Mutual Funds. Investors should only deal with registered Mutual Funds, details of which can be verified on the SEBI website https://www.sebi.gov.in/intermediaries.html For any queries, complaints & grievance redressal, investors may reach out to the AMCs and / or Investor Relations Officers. Additionally, investors may also lodge complaints on https://scores.gov.in if they are unsatisfied with the resolutions given by AMCs. SCORES portal facilitates you to lodge your complaint online with SEBI and subsequently view its status.
Mutual fund investments are subject to market risks. Read all scheme related documents carefully.