Systematic Investment plan is simply a facility available with Mutual fund, to help investors save regularly. It is just like a recurring deposit with the post office or bank wherein you can choose to invest as little as Rs 100 at one time in a mutual fund scheme on a regular basis (such as monthly or quarterly) for a chosen period of time (such as a year or six months). Such small regular investment can act as a potent tool for an investor to meet his long term off going expenditure like some being buying a car or a house or the money needed for children
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