• हिन्दी
  • ગુજરાતી
  • বাংলা
  • తెలుగు
  • मराठी
  • ಕನ್ನಡ
  • money9
  • Insurance
  • Saving
  • Loan
  • Mutual Funds
  • Investment
  • Breaking Briefs
downloadDownload The App
Close
  • Home
  • Videos
  • Podcast
  • Banking
  • Bulletin
  • Gold
  • Healthcare
  • Real Estate
  • Tax
  • Travel
  • Breaking Briefs
  • Insurance
  • Savings
  • Loan
  • Crypto
  • Investment
  • Mutual Funds
  • Real Estate
  • Tax
  • Exclusive
  • Home / Investment }

SIP: Things to consider before investment 

  • Rahul Chakraborty
  • Last Updated : November 11, 2021, 16:35 IST
  • Follow
SIP: Things to consider before investment 
SIPs are considered one of the most significant long-term investment options.
  • Follow

Systematic Investment Plans (SIPs) are considered one of the most significant long-term investment options. Through this avenue you can invest a fixed amount in a mutual fund scheme. Investment can start from as low as Rs 500 per month. However, there are some factors that will make your SIP more effective.

Let’s look at some key factors you may consider during investment through SIPs:

Tenure

When planning your financial goals, it is very important to adopt a time-oriented approach depending on your needs. One can categories their goals as short term (to be achieved within three years), mid-term (to be achieved between three and five years) and long-term (to be achieved beyond five years) and make decisions according to that time frame.

Investment amount

Most mutual fund schemes allow investors to invest a minimum of Rs 500 through SIP. But the amount should be decided according to the investor’s financial goal, time frame to achieve the targeted goal and cash flows, duration and expected returns can help him/her determine the right SIP amounts to start your investments.

Risk factors

Investment in mutual funds comes with market-related risk. Every investor’s risk appetite is distinctly different. It is important to assess your risk appetite and accordingly select the scheme. There are various schemes available in the market with different risk profiles.

Portfolio review

If you want best returns from your mutual fund through SIP, it is essential to review the portfolio after regular intervals. It may help you to understand non-performers and remove them.

Increasing contribution

As your income grows, you can increase your SIP amount. This can help you reach your financial goals faster.

Published November 11, 2021, 16:35 IST

Download Money9 App for the latest updates on Personal Finance.

  • equities
  • financial planning
  • investment

Related

  • No hike in RoI on PPF in Q3 FY24: GoI
  • Govt securities of 50-year tenure highlight in borrowing target of FinMin in H2 of FY24
  • How multicap is different from multi-asset allocation fund
  • Investment Reflections from Lord Ganesha
  • OPS harmful in the long-run, says RBI
  • In FY23, most FDI came from US, Mauritius and UK: RBI study

Latest

  • 1. Can you withdraw money from PPF before 15 years?
  • 2. Eat, Drink & Earn!
  • 3. Which One To Choose?
  • 4. EMI Even on Debit Card!
  • 5. How is interest calculated in your PF account?

Trending 9

  • Car prices set to increase
    1 Car prices set to increase
    Passenger vehicles (PVs) and two wheelers (2Ws) can become further costlier towards the later part of the current calendar year.
    Automobiles
    alternate

    Read

  • 2Corporate participation in NPS at 12-month high: NSO
    Retirement
    read_icon

    Read

  • 3Banks exploring a risk assessment model to fund startups
    Analysis
    read_icon

    Read

  • 4How should you utilise bonus of your participating insurance policy?
    Insurance
    read_icon

    Read

  • 511 managers, tier-2 default scheme: All that’s happening with NPS
    Exclusive
    read_icon

    Read

  • 6e-gaming companies might face tax demand of Rs 1.5 lakh crore
    Tax
    read_icon

    Read

  • 7Foreigners getting attracted to realty stocks
    Analysis
    read_icon

    Read

  • 8Govt bonds in JP Morgan’s bond index could also support Indian currency
    Economy
    read_icon

    Read

  • 9VI lost 13 lakh subscribers in July ’23 while Jio gained 39 lakh
    Analysis
    read_icon

    Read

Exclusive

Don't get conned on social media
Don’t get conned on social media
Utility
read_icon

Read

Identify your risk through a risk-o-meter, but don’t make it the sole criterion
Mutual Funds
read_icon

Read

Tax on income from gifts to minors
Tax
read_icon

Read

When is it wise to repay home loan prematurely?
Loans
read_icon

Read

Beware of fraud while shopping online
Exclusive
read_icon

Read

  • Trending Stories

  • How can you save on taxes on alimony that you receive on divorce?
  • How can you save on taxes on alimony that you receive on divorce?
  • Don’t get conned on social media
  • How cyber thugs con you on your social media complaints?
  • Car prices set to increase
  • TV9 Sites

  • TV9 Hindi
  • TV9Telugu.com
  • TV9 Marathi
  • TV9 Gujarati
  • TV9 Kannada
  • TV9 Bangla
  • News9 Live
  • Trends9
  • Money9 Sites

  • Money9 Hindi
  • Money9 English
  • Money9 Marathi
  • Money9 Telugu
  • Money9 Gujarati
  • Money9 Kannada
  • Money9 Bangla
  • Topics

  • Insurance
  • Savings
  • Loan
  • Stocks
  • Mutual Funds
  • Real Estate
  • Tax
  • Crypto
  • Exclusive
  • Follow us

  • FaceBook
  • Twitter
  • Youtube
  • Instagram
  • Linkedin
  • Download App

  • play_store
  • App_store
  • Contact Us
  • About Us
  • Advertise With Us
  • Privacy & Cookies Notice
  • Complaint Redressal
  • Copyright © 2023 Money9. All rights reserved.
  • share
  • Facebook
  • Twitter
  • Whatsapp
  • LinkedIn
  • Telegram
close