faqs Page


1 What is SIP?

SIP, or Systematic Investment Plan, is a popular method of investing in mutual funds. It allows investors to contribute a fixed amount at regular intervals, typically monthly. SIPs are designed to make investing easy and affordable for people with different financial goals and risk tolerance.

2 When is the right time to invest in SIP?

The right time to start a SIP is now. SIP investments benefit from the power of compounding, where your money earns returns on both the principal and accumulated earnings. Time in the market is more crucial than timing the market. By starting early, you give your investments more time to grow.

3 What is the minimum amount for SIP?

The minimum amount for SIP can vary based on the mutual fund scheme and the fund house. However, many mutual funds offer SIPs with a minimum investment of as low as Rs 500 per month, making them accessible to a wide range of investors.

4 What are the benefits of life insurance?

Life insurance provides financial security to your loved ones in case of your demise.

5 Why consider health insurance?

Health insurance covers medical expenses, ensuring you receive quality healthcare without financial stress.