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Topic: What is the minimum investment I need to make in a systematic investment plan (SIP)?  XML
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[Post New]09/06/2009 10:30:36
    Subject: What is the minimum investment I need to make in a systematic investment plan (SIP)?
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JagjitSiyan


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please help
[Post New]06/07/2009 08:46:55
    Subject: Re:What is the minimum investment I need to make in a systematic investment plan (SIP)?
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rahul.sharma


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Definition

o SIP, Systematic Investment Plan, is a regular investment option that is available in Mutual Funds. The other investment option comparable to SIPs is the recurring deposit schemes from Post office and banks.
o Basically, under an SIP option an investor commits making a regular (monthly or quarterly) investments in a particular Mutual Fund, at the then prevailing price of the fund (i.e., NAV)
o The SIP option is available with both Equity and income types of funds



Minimum Investment

o The minimum investment amount in SIP (Systematic Investment Plan) is in the range of Rs 100 to Rs 1,000 per month
o However, recently ICICI has launched an Rs50 per month SIP.
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[Post New]06/07/2009 14:58:04
    Subject: Re:What is the minimum investment I need to make in a systematic investment plan (SIP)?
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khotapaisa


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Well it depends on the fund you want to invest. But for most of the funds, the minimum SIP amount is 500/-.

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