Systematic Investment Plan as an Investment Option | Indian Stocks to Make You a Millionaire
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Systematic Investment Plan as an Investment Option

Posted By On 9:41 PM Under

We are providing a screen shot of systematic investment plan which shows that even if one decides to invest in stock market through mutual fund, one can gain by virtue of systematic investment planning to make money work for you.
The below illustration will make it all the more clearer.
Total units purchased in 4 years (2006 to 2009) = 573 Nos
Present NAV = $10
Present Value of Investment = $5730
Cost of Investment = $4800
Profit = $970 (20%)
No doubt all those who do not want to enter in stock market can consider this route of systematic investment plan, however remember that one will have to pay for the exit load being levied by these mutual funds. Systematic Investment Plan is also called as SIP.
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