Systematic Investment Plans

rifman

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• Jun 21, 2022

• #1

Systematic Investment Plans, more commonly known as SIPs in India, are popular among salaried employees. In this our account is debited with a certain amount each month and invested in our allocated shares. I invest like this.

 

Devin

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• Jun 21, 2022

• #2

I assume this is similar to the United States stock market and how it works?

 

nomad

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• Jun 22, 2022

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We don't organized systematic investment plans in the country, however, I have seen people form a group and deposit a certain amount, and every month the deposited amount would be taken by one of the members. They call it a mother's group ad this kind of saving and investment scheme was originally formed by mothers.

 

Hate2Wait

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• Jun 23, 2022

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It's a good option and we can start from as low as $1.25 every month but before investing even a smaller amount we should learn basic things otherwise, we may not expect much working for us in the Stock market.

 

rifman

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• Jun 23, 2022

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• #5

Devin said:

I assume this is similar to the United States stock market and how it works?

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I think it is not similar to United States stock market, because stock market primarily involves investing in shares and stocks of various companies. Whereas, SIP in India covers investing in different schemes in a systematic manner.

 

Hate2Wait

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• Jul 31, 2022

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I will plan about investing in a Systematic investment plan in some time as its better to invest a fixed amount every month and see our investment growing and is gaining popularity in India

 

LoukiaCharilaou

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• Jul 31, 2022

• #7

rifman said:

Systematic Investment Plans, more commonly known as SIPs in India, are popular among salaried employees. In this our account is debited with a certain amount each month and invested in our allocated shares. I invest like this.

Click to expand...

Thamk you for the information.I had no idea.

 

Edulady

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• Aug 3, 2022

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I am not familiar with SIPS. But when I was working we used to take out a certain amount from our salaries as a group 6, and we would devide our selves monthly and whoever picks January will be given the total sum that we have contributed and then next month another will get the amount so forth and so forth.

 

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timewo

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• Aug 3, 2022

• #9

You should choose the right shares or mutual fund for your SIP, for equity investment the value of the investment may decrease, and you may make a loss.

 

Shavkat

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For an investment to be effective, a specific sum of money must be spent consistently to carry it out. You must comprehend how it works, right?