Business Studies, asked by gaggi5482, 1 year ago

Describe role of ‘Micro SIPs’ in rural markets.

Answers

Answered by basasriramamurthy26

than .... rural areas and the slow growth rates in mutual fund sales in the ..... Systematic Investment Plans (SIPs), .... available or reliable at a micro level.

Answered by anand579

Micro SIP: Investment tool for people without a PAN card. ... In order to facilitate such small-ticket investments, Sebi has withdrawn the requirement of PAN for SIPs that do not exceed Rs. 50,000 in a financial year. Such instalments are called micro SIPs.

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