Going to invest money in SIP for the first time? What are the things to be kept in mind for better profits?
You can also start investing in mutual funds by giving money at once.
Another way is SIP which can be started with an investment of Rs 500.
You can invest according to your needs in SIP.
New Delhi. If you want to invest in the stock market but do not want the stress of every day, then equity based mutual funds are the perfect option for you. Mutual funds are managed by experienced fund managers. You can also choose which group of stocks you want to invest in mutual funds. You can invest money in Equity Mutual Fund in 2 ways. The first is to deposit a lump sum amount and the second is to invest through SIP.
SIP means Systematic Investment Planning. Here you put some money in mutual funds at an interval and you can get more investment with less risk. You can decide for yourself whether you want to invest every week, every month or when. It depends on the availability of funds with you. If you are investing for the first time then you can start it with Rs.500 as well. Today’s article is for first timers only. In this article, we will tell you what are the important things you should keep in mind while starting investing in SIP.
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What is the target?
Before you start investing, see whether you need the funds in the near future or after a long time. With this you will be able to decide how much you want to invest. Everyone’s financial goals can be different. Like if someone wants to buy a car, then a sports bike. There is a difference in the funds required for both. Therefore, there should be a difference in your investment strategy as well.
Through mutual funds, you can invest not only in equity funds but also in debt and hybrid funds. It will depend on your risk appetite and the return you are expecting. With long term investment and risk appetite, you can go for equities.
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stay ahead of inflation
Make your investments in such a way that the returns are more than the inflation rate. Even after raising funds many times, it falls short at work because by then inflation has beaten it and the price of the product or service goes above your investment. So choose investment option keeping the returns in mind.
don’t put money in one place
By putting all the money in one place, there is a danger of drowning it all at once. So, diversify your portfolio. Invest money in different asset classes. Different investment options can also be seen. With this, some of your money will be safe at the time of any untoward situation.
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Tags: business news in hindi, Investment and return, mutual fund, Returns of mutual fund SIPs, SIP
FIRST PUBLISHED : October 23, 2022, 12:08 IST