ICICIDirect.com the trading platform from ICICI Bank offers unique opportunity to invest in HDFC Mutual fund systematic investment plan aka SIP.
SIP has unique benefit of investing fixed amount on a monthly basis
1) This develops discipline
2) Monthly fixed amount as minimum as Rs.500 can be invested
3) Rupee cost averaging is the unique benefit offered by mutual funds. This offers an opportunity to buy units in proportion to price of stock. This gives inflation managed investment return
4) Mutual fund offers opportunity to earn long term capital gain
All this is possible using icicidirect.com investment trading platform
SIP has unique benefit of investing fixed amount on a monthly basis
1) This develops discipline
2) Monthly fixed amount as minimum as Rs.500 can be invested
3) Rupee cost averaging is the unique benefit offered by mutual funds. This offers an opportunity to buy units in proportion to price of stock. This gives inflation managed investment return
4) Mutual fund offers opportunity to earn long term capital gain
All this is possible using icicidirect.com investment trading platform
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