Systematic Investment Plan (SIP) - List of Mutual Funds (2024)
Disclaimer
CancelAccept
At your request, you are being redirected to a third party site. Please read and agree with the disclaimer before proceeding further.
This is to inform you that by clicking on the hyper-link/ok, you will be accessing a website operated by a third party namely Such links are provided only for the convenience of the Client and Axis Bank does not control or endorse such websites, and is not responsible for their contents. The use of such websites would be subject to the terms and conditions of usage as stipulated in such websites and would take precedence over the terms and conditions of usage of www.axisbank.com in case of conflict between them. Any actions taken or obligations created voluntarily by the person(s) accessing such web sites shall be directly between such person and the owner of such websites and Axis Bank shall not be responsible directly or indirectly for such action so taken. Thank you for visiting www.axisbank.com
Cover arranged by Axis Bank for its customers under Digit Illness Group Insurance Policy (UIN GODHLGP20142V011920). Participation to group insurance is voluntary.
There are around 5 primary types of SIPs that you can invest in - regular SIP, flexible SIP, top-up SIP, trigger SIP, and perpetual SIP. Let's take a more in depth look at each type and get to know them better.
The 4% rule for retirement budgeting suggests that a retiree withdraw 4% of the balance in their retirement account(s) in the first year after retiring, and then withdraw the same dollar amount, adjusted for inflation, every year thereafter.
You can do your long-term financial planning under the SIP+SWP strategy. In this, when you are in working years i.e. in job and your earnings are so much that you can invest a part of them. To increase your wealth manifold through investment, you can choose the option of mutual fund SIP (SIP Investment).
Let's understand the SIP with an example. If you decide to invest Rs 5000 every month in an equity mutual fund.In the first month, 5000 will be deducted from your linked bank and invested in your mutual funds. The process continues every month.
It is generally recommended to have a minimum of 3-5 different schemes in your SIP portfolio to achieve good diversification. You can have 3-4 equity funds from different categories like large cap, mid cap and small cap along with 1-2 debt funds based on your risk profile and investment goal.
There are eight large cap mutual funds which have delivered over 40 percent return in the past one year. These include Quant Large Cap Fund, Bank of India Bluechip Fund, JM Large Cap Fund and Nippon India Large Cap Fund, among others.
Most brokerages and mutual fund companies such as Vanguard Investments, Fidelity, and T.Rowe Price offer SIPs, allowing investors to contribute quite small amounts.
Introduction: My name is Van Hayes, I am a thankful, friendly, smiling, calm, powerful, fine, enthusiastic person who loves writing and wants to share my knowledge and understanding with you.
We notice you're using an ad blocker
Without advertising income, we can't keep making this site awesome for you.
