Systematic Investment Plan (SIP)

What is Systematic Investment Plan or SIP?
Systematic Investment Plan or SIP is a means or a tool that allows an investor to invest regularly in mutual funds. SIP allows you to invest a certain pred...
Mon, 1 Jun, 2020 at 4:59 PM
How does SIP work?
The money is automatically invested regularly into a specific mutual fund scheme. You are allotted a certain number of units based on the ongoing market ra...
Mon, 1 Jun, 2020 at 4:41 PM
What is Rupee-Cost Averaging?
Seeing the volatile nature of markets, most investors always speculate or are skeptical about the best time to invest. Also, due to lack of proper knowledg...
Mon, 1 Jun, 2020 at 4:43 PM
What is Power of Compounding?
Albert Einstein quoted – “Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn't, pays it. Compound inter...
Mon, 1 Jun, 2020 at 4:44 PM
Where is the money in SIP invested?
One can invest in the choice of the fund based on the risk appetite where the fund can either be debt fund, equity fund or a hybrid fund. This money in turn...
Mon, 1 Jun, 2020 at 4:45 PM
How is SIP better than RD?
SIP is better than RD in terms of several factors such as type of Investment, the scheme of investment, the risk involved, liquidity, returns, frequency of...
Mon, 1 Jun, 2020 at 4:47 PM
How can I start SIP in Sqrrl?
Follow the below-mentioned steps to set-up SIP on Sqrrl:   Log in to the app or website and select invest in equity (SIP). You can give a name to you...
Mon, 1 Jun, 2020 at 4:48 PM
How and when can I stop my SIP, is there any Lock-in Period?
Though it is always advised to stay invested in a SIP for a longer period to minimize the risk and achieve better results, you can stop the payment for a SI...
Mon, 1 Jun, 2020 at 4:49 PM
How can I withdraw my money, are there any charges?
You can withdraw partial or full money from your SIP anytime, however, you might have to bear exit load charges depending on the invested scheme.
Mon, 1 Jun, 2020 at 4:50 PM
What is Exit Load?
Exit load is the fee charged to an investor for exiting and withdrawing the money from a particular scheme within the stipulated time period. Exit load migh...
Mon, 1 Jun, 2020 at 4:51 PM