HOW DOES SIP PLUS?

Systematic Investment Plan (SIP) is a simple, convenient and disciplined way that can help you meet the changing milestones and responsibilities.

HOW DOES SIP PLUS WORK?

SIP PLUS FEATURES

Minimum SIP Instalment	Refer scheme information document for Minimum SIP Instalment
Sum Insured	1st Year : 10 times of the monthly SIP Plus instalment 2nd Year : 50 times of the monthly SIP Plus instalment. 3rd Year onwards : 100 times of the monthly SIP Plus instalment. All the above limits are subject to maximum cover of ₹ 50 lakhs per investor across all schemes/plans/folios.
Life Cover Proceeds	Provided to the registered nominee
Benefits to Nominee	Scheme Value + Life Cover equivalent up to 10 times of the monthly SIP Plus instalments in the first year, 50 times of monthly SIP Plus instalment for second year and 100 times of the monthly SIP Plus instalment from third year onwards.
Age Entry/Exit	18 years to 51 years (how ever Insurance cover will be ceased on completion of 55 years of age, but SIP shall continue till the end of tenure if SIP is registered beyond 55 years of age.)
Payment Options	ECS, Direct Debits & Post Dated Cheques
Entry Load	Not Applicable
Exit Load	Refer scheme information document for exit load details.

Comments

Why rely on LUMP SUMS when WEALTH is just a SIP SUM away.

Why rely on LUMP SUMS when WEALTH is just a SIP SUM away. A small amount invested regularly can make you wealthy. Scroll down to see how you can SIP and grow rich. It helps you to be disciplined about investing With SIPs, you invest amounts at a regular frequency. It allows flexibility in investments You can choose your investment amount and the frequency of your investments. It gives you long term gains through compounding Your investments grow exponentially because of re-invested returns. The key to becoming wealthy is to start early A SIP (Systematic Investment Plan) helps you do this with a small amount. For instance, a monthly investment of Rs.5000 can make you a crorepati! Here's why SIPs are the best way to invest in mutual funds: A SIP story - Rs.5000 to a crore

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Starting your SIPs late? Never mind

Starting your SIPs late? Never mind How SIPs can help your achieve your financial goals even when you start investing late I n investing, if you start early, you can build substantial wealth over time and achieve your goals easily.But what if you are middle-aged already and haven't started investing? Is your opportunity gone? Don't lose heart. While you can't turn the wheel of time backword, you can still achieve your goals by being disiplined and prudent. If you are starting late, your investment strategy should have two legs: inventing a higher amount systematically and channelling your old inventments into equity. Equilt beats other inventment classes over the long term and is even more crucial when you have limited time at hand. But a word of caution: with equity, keep a long-term horizon. Equity is volatile in the short term, so don't panic if the market falls. Invest through SIPs. SIPs ensure the you average out your investment cost over time, wh...

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