HDFC Systematic Investment Plan – Tips to Invest
HDFC SIP plan is really well known and has produced great results in past years. They are giving you the option to invest on regular basis; and the process of investment is really easy and cost effective. SIP of Systematic Investment Plans are rather monthly investment plans to provide you the facility of saving a small amount each month and getting compound benefit. You may consider this as a recurring deposit with a locking period of 3 years. The SIP invest are also valuable for the companies as they give them more number of customers and the locking period enables them to utilize the funds in proper places.
There are numerous ways of investing into HDFC SIP plan. As it has been listed to be one of the top 20 best return giver in last years you will get good number of brokers also giving you the facility of investment and describing the features of its invest. The facilities that are the key reasons for investing into HDFC SIP are like
Economical saving system at the time of recession.
A savings plan for all the classes of people.
HDFC being a brand in India with almost its foot in every aspect of financial sector the faith comes automatically.
The SIP funds make the average cost go down for your buying per unit.
There is compound benefit seen in the HDFC SIP.
Monthly investments start with HDFC with as low as 100 to 500 Rupees a month. So you may consider this to be economical and a way of saving you were searching for years. You will also get the benefit of online transfer. HDFC offers the cost go for the right thing with a wide range of investment plans even in SIP.
SIP with HDFC is easy and details can be collected from their site only. With the current recession it is the best to go for SIP as this will allow you buy more units when the NAV is low and low number of units when the NAV is high. HDFC top 200 scheme is an answer for many of your goal achievement where it has shown a result of 30.6% profit last year whereas in not SIP invest it has shown a growth of 27.51%.Aï¿½