Thursday, 6 July 2017

Myths and Facts of SIP

ICICI Bank

ICICI Bank

ARE YOU AN EXPERT ON SIPs.TAKE THE TEST AND FIND OUT NOW!

 

Systematic Investment Plans (SIPs) work best for the small retail investor.

 

SIP might be the answer for all types of investors since it does not have a bias towards high or low value investments. All that it requires is regular and disciplined savings.

 

 

 

 

 

It is best to not enter into SIPs if the market is on the rise.

 

It is not about the right time to enter the market. SIPs are all about focusing on staying invested for a longer tenure.

 

 

 

 

 

You can do better than SIP by timing the market accurately.

 

It is highly unlikely you will get it right all the time. It's not about timing the market, but the amount of time you stay in the market.

 

 

 

 

 

SIPs are best for short term & not the long term.

 

Long term investment through SIPs can help offset the highs and lows, so that you may expect reasonable returns at the end.

 

 

 

 

 

Once an SIP is started, you can neither stop it in-between nor change the period of investment.

 

You can easily terminate the SIP or change its maturity date without paying any penalty.

 

 

 

 

 

For ease of investing, ICICI Bank provides Online Mutual Funds investment facility

 

 

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The email is part of the investor education series by ICICI Bank.

 

 

The information contained herein is not for distribution and do not constitute an offer to buy or sell or solicitation of any offer to buy or sell any securities or financial instruments in the United States of America ("US") and/or Canada or for the benefit of US persons (being persons falling within the definition of the term "US Person" under the US Securities Act, 1933, as amended) or persons residing in Canada.

Mutual Fund investments are subjects to market risks, read all scheme related documents Carefully.

 

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ICICI Bank distributes mutual fund schemes of its Affiliates or Group Companies. ICICI Prudential Asset Management Company is subsidiary of ICICI Bank Limited Investments made herein is through ICICI Bank Limited's ARN code and not through direct route. ICICI Bank earns commission/fees from AMC for distribution mutual fund scheme.


Terms and conditions of ICICI Bank and third parties apply. The use of this information is subject to the terms and conditions governing such products and services as referred herein above and the users shall be deemed to have read, understood and consented to these terms and conditions. Nothing contained herein shall constitute or be deemed to constitute an advice, an offer, invitation or solicitation to sell/purchase any securities of any entity and is not intended to create any rights or obligations. Nothing in this document is intended to constitute legal, tax, securities or investment advice, or opinion regarding the appropriateness of any investment, or a solicitation for any product or service. The tax related information provided herein is merely for a general understanding and reference. The user needs to verify all the facts, law and contents with the text of the prevailing statutes and seek appropriate professional advice before acting on the basis of any information contained herein as the taxation implications may vary depending upon the facts in each case/interpretation by tax authorities. Please note that the tax laws are subject to change from time to time. ICICI Bank expressly disclaims any liability to any person, in respect of anything done or omitted to be done by any such person by placing reliance upon the contents of this write-up. The use of any information set out in this document is entirely at the recipient's own risk. ICICI Bank does not accept any responsibility for any errors whether caused by negligence or otherwise or for any loss or damage incurred by anyone in reliance on anything set out in this document. The information set out herein may be subject to updation, completion, revision, verification and amendment and such information may change materially.

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