Reliance mutual funds are well known. Reliance SIP plans allows even
middle class people and rural people to invest. SIP is systematic
investment plan. In this plan, investors can pay the investment in
monthly installments. Reliance SIP plan is very famous because it
allows low monthly investments in range of 100 rupees. Investments can
be made in different ways. The different ways are listed below here.Various Monthly SIP options: A plan of 100 rupees as a monthly investment for 60 months. A plan of 500 rupees as a monthly investment for 12 months. There is a plan of 1000 rupees as a monthly investment for 6 months.Quarterly
option is also available in reliance SIP plans. 4 installments of 1500
rupees can be selected instead of 500 rupees for 12 months. Any type of
investment can be selected. It depends upon the needs and the financial
status of the investor. The amount can be invested through Electronic
Clearing service or direct debit mandate. Another option is the post
dated cheques. Investing in mutual funds is a risky option. Proper
research and data collection has to be done before investing. Returns
of various schemes have to be analyzed. Many websites have complete
information about the shares, funds and schemes.Before
investing, an important choice has to be made. There are two options in
SIP plan. One is the equity plan and another is the debit plan.
Generally many prefer debit plans in India. Moreover, systematic
investment plan has many advantages. Some of them are rupee cost
averaging, lower cost per unit and lower monthly investments.Next Step: Read more information and start investing.
Systematic Investment Plan, Systematic Investment, Investment Plan, Mutual Funds, Monthly Investment
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