what is mutual funds ? and SIP?
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-A mutual fund collects money from investors and invests the money on their behalf. It charges a small fee for managing the money. Mutual funds are an ideal investment vehicle for regular investors who do not know much about investing. Investors can choose a mutual fund scheme based on their financial goal and start investing to achieve the goal.
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Mutual funds is an investment programme funded by shareholders that trades in diversified holdings and is professionally managed.
Sip is a Systematic Investment Plan is an investment vehicle offered by mutual funds to investors, allowing them to invest small amounts periodically instead of lump sums. The frequency of investment is usually weekly, monthly or quarterl
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