SIP- Plant Prosperity Grow Happiness

SIP-PLANT PROSPERITY GROW HAPPINESS

  1. RUPEE COST AVERAGING- Buy more units when markets are down and vice-versa.
  2. POWER OF COMPOUNDING- Compounding effect when held for long term of more than 10 years. We all know power of compounding which is the 8th wonder of the world.
  3. DISCIPLINED INVESTING- Inculcates a discipline in us whereby every month a pre decided amount is saved a stipulated time.
  4. AUTOMATED PROCESS- ECS makes is more effective
  5. CONVENIENT INVESTMENT OPTION- Convenience of choosing any amount in multiple of 500. Ideal both for retail as well as HNIs.
  6. MAKES MARKET TIMING IRRELEVANT- Timing the market is not required as we buy at a fixed date every month. Long term is the key to wealth creation via compounding. 

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