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Thursday, June 2, 2016

All About SIP

Why SIP?
The UTI Systematic Investment Plan is a unique plan that allows you to fulfil all your dreams efficiently. With salient benefits and features, the UTI SIP becomes a wise choice for investments. An investor can make regular investments and follow a disciplined approach towards investing in UTI MF schemes. He can also peruse the Systematic Investment Plan according to pre-opted schedules.
Take a look at all that you can do with UTI SIP:
Build your future.
To meet the more exhaustive expenses of your life like marriages, education or a house, you need to start investing early. Save a small amount every month/quarter with SIP and look forward to a bright future.
Relax and accumulate wealth.
With SIP, you don't need to invest a huge sum of money i.e. you can start with an amount as little as Rs. 500. Gradually, you can accumulate wealth over the long-term.

Now, let's briefly discuss the step-by-step approach an investor can use with SIP to reach out for his goals. It is important to remember that an early investor builds more than the one who comes in later. The simple reasoning being; the accumulated investment increases with fresh capital which is invested at periodic intervals.
Steps:
Set your financial goals.
Identify the scheme.
Decide the SIP amount.
Look for a long-term commitment by opting for bigger gains. SIP returns increase with an extended time horizon. Aim for the big picture which is to get the most out of the market fluctuations.
Start investing! The sooner you start, the earlier you reach your financial goals.



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