Planning to Start Saving for Future but You’re Just a Student? Go For SIP Investment


Posted June 13, 2018 by FundsInvest

SIP investments have the most flexible plans – there can be monthly as well as daily plans, and the amount to be paid can be wisely chosen as per the risk bearing capacity of the investor.

 
SIP investments have the most flexible plans – there can be monthly as well as daily plans, and the amount to be paid can be wisely chosen as per the risk bearing capacity of the investor. Often SIPs have been confused with recurring deposits. Recurring deposits inculcate a bosting investing discipline as well, however, for tax efficient benefits and acquiring returns that are ‘inflation-adjusted’, SIP in Equity Mutual Funds can be surely be the best choice. To conclude, the SIP does have its pros and cons, hence, to access maximum protection, one always have the recourse to consult a mutual funds advisor before visiting any investment planning company.

SIP is an abbreviation for Systematic Investment Plan. One of the most popular modes investing in ‘equity’ mutual funds scheme, SIP investment is an investment plan where under, the person invests a fixed amount of money at regular and fixed time intervals. Ending all the quandaries, this mode if best suited to all not only attain the long-term financial goals but also to avoid all the market situations that might make you dubious about whether or not to invest further.

SIP investment has acquired a drastic preference over a past couple of years, by the investors. When the market is low and business prospect is not so blooming, the investor not be willing to invest. However, in case of an SIP, the money is automatically deducted by the account by the assistance of NACH mandate and so, the investor is secure against the mood swings. He knows it’s just a fixed amount that he has to be deposited, and so the optimism regarding his investment plan is maintained.

How to start an SIP?
Finally resolving the ‘how to start sip investment’ query, below are the briefings.
SIP investment can be initiated with as low as 500 rupees. It can either be started through online or offline mode.

In case of offline mode, the aspiring investor has to reach the office of the mutual funds distributor, company or agent, make a prudent decision as to which investment scheme he has to streamline with his goal, and buy the plan. He may take help of the financial or mutual funds consultants.

Mandatory documents for an offline mode SIP:
• Common Application form or the SIP form has to filled with due vigilance.
• NACH mandate comprising all the mandatory SIP details.
• KYC to be filled in, if not already done.
On completion, the form has to be submitted at the mutual funds distributor, agent or office, from wherever you have acquired the deal.
In case of online media, the investor simply has to visit the site of the mutual funds distributor and follow the automated instructions that appear on the screen.

About the Company
Hexagon Wealth Advisors is known in the investment market as a company that not only offers a variety of investment options but also tries to ensure that suitable funds are suggested for investment through their seasoned guidance. Many people are skeptical about parking their hard-earned money in financial products about which not much is known, and here, Hexagon Wealth Advisors plays a vital role by spreading awareness about the investment of their savings in Mutual Funds. A team of highly experienced and expert advisors guides people to invest money as per their short term or long term investment goals.

The services provided by the company include Tax Saving Plan, Investment for beginners, financial aspect of Retirement Planning, Child Education Planning, Wedding Planning and also products like Fixed Deposits, Life Insurance, Health Insurance, Mutual Funds, along with many other options.

Find out more about the company at https://www.hexagonwealthadvisors.com/

Address:
Hexagon Wealth Advisors
1/14, Double Storey,
Near DAV School, Jungpura Extension,
Jangpura, New Delhi, Delhi 110014.
Phone: 011-24374121, +91 9910911169
Email: [email protected]
[email protected]


Media Contact:
Shikha Sultan
Mob: +91 9910911169
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Contact Email [email protected]
Issued By Hexagon Wealth Advisors
Website Hexagon Wealth Advisors
Phone 011-24374121
Business Address 1/14, Double Storey, Near DAV School, Jungpura Extension,
Jangpura, New Delhi, Delhi 110014.
Country India
Categories Finance
Tags how to start an sip , how to start sip investment , sip investment
Last Updated June 13, 2018