Be flexible and consistent with various SIP options from ABSLMF

Even the biggest fitness experts enjoy, and even advise, a cheat day once in a while. Such rare cheat days don’t suddenly make you unhealthy. In fact, this little flexibility keeps you motivated to do better and gives you the chance to make any necessary changes to your fitness regime to make you perform even better.

Investing also gives you the flexibility to analyze and assess your financial situation and rebalance or tweak your investment patterns accordingly, so that you keep moving closer to your goals.

When you get a bonus, you can step up your SIP once in a while, and when low on cash, pause your SIP. Instead of once a month, you can fast forward SIP to twice or thrice a month depending on how much you can invest comfortably.

And if your payment dates vary from others, you can determine the dates you have balance in your bank and invest on that date with any day SIP.

Remember, we are not here to burn both ends of the candle. We are in this for a long term, so invest the amount you can sustain by availing the SIP options ABSL offers.

Systematic delegation of funds can go a long way with ABSLMF STP

Training for a marathon the day before the run does nothing but exhaust you. What works is chalking out a schedule to follow rigorously, and delegating time to each form of exercise much in advance. Be it training for a marathon or investing in a goal, delegating your energy or money resources carefully to the correct medium is important to make the most of the opportunity.

Investing a huge amount in equity funds at one go might not let you take advantage of market volatility. Instead, one may conserve that money in a low-risk debt scheme and gradually transferring small amounts into equity can help you in achieving long term goals. You can automate this transfer through the Systematic Transfer Plan (STP) and stay consistent with your investment.

Potential for long term returns can come when you buy the dip and sell the rally. It is easier said than done. But with ABSLMF Turbo STP you can smartly tweak your STP amounts as per market conditions. While Turbo STP will make regular transfers, it will optimize your STP amount using an in-house valuation model called Equity Valuation Multiplier (EVM) and can help you invest more in a dip and less in a rally.

While Turbo STP uses a multiplier to determine a market dip, ABSLMF value STP simply looks at your portfolio value to identify the market dip and adjusts the investment amount accordingly. It is built on the idea of focusing on smaller targets to complete the marathon. If you are ahead of your target, you can slow down and conserve your energy. And if you are falling behind the target you can catch up by increasing your speed.

Let your investments do the rest while you rest with ABSLMF SWP

All this while we’ve been talking about investing for the long-term in small, steady steps. But how does all this consistency in saving and investing actually help you? You’ve done your bit by taking care of your investments - there will come a time when those very investments help take care of you.

ABSLMF Systematic Withdrawal Plan (SWP) helps you withdraw from your wealth generated over the years at regular intervals while your balance funds continue to generate returns. You can determine how much money you want to withdraw and at what intervals (monthly or quarterly).

If you are not sure how much to withdraw, you can opt for Fixed amount withdrawal option under ABSLMF SWP. It allows you to withdraw a fixed amount at regular intervals. The minimum amount for SWP - Fixed amount is Rs.500 and in multiple of Re.1 thereafter.

But not all withdrawals need to be done with the objective of securing an independent retirement or a passive income. You could also withdraw to celebrate small victories. You can opt for the Capital Appreciation Transfer Plan (CATP) option under ABSLMF SWP
Please note: SWP is not available for schemes under lock-in period or investments that are pledged.

You can also combine the benefits of SIP and SWP right from the start with ABSLMF Sampoorna SIP. It helps you plan your long-term financial journey from investments at the beginning to withdrawals towards the end. You pick the SIP and SWP tenure, choose the schemes of your choice and Sampoorna SIP does the rest.