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If you’ve been even mildly interested in seeking to grow your wealth or are surrounded by financially sound friends, you would have surely heard the term Systematic Investment Plan (SIP) and read about its benefits. For those who want to create wealth for a long period of time or want to fulfil their financial goals, SIP is one of the most important ways of investing smartly.
What is an SIP?
An SIP allows an investor to invest a fixed amount of money on a regular basis in a mutual fund scheme. SIP has become one of the smartest financial tools in recent times as it helps you build wealth step-by-step, for a long time. You can start an SIP with just ₹1000 per month and enjoy the benefits of rupee-cost averaging and the power of compounding. It also teaches you to maintain a disciplined approach towards managing your money and helps you hedge your investment against inflation.
Why should you consider an SIP?
What makes it the #SabseImportantPlan?
An SIP is a gateway to help you fulfil your financial goals. Whether you’re dreaming of buying a luxury car, want to go on a foreign holiday or plan to buy your dream home, you need a systematic plan to help you realize these dreams. Rather than relying on luck or waiting for your time to come, take your future in your hands and make it a reality with the right planning. With an SIP, your risks are relatively reduced due to rupee cost averaging and you don’t need to time the market either. And the greatest advantage is that you can start with a small amount and increase it as your salary increases over the years.
A bright future is a result of good planning that starts today! Aim to invest in the #SabseImportantPlan with Aditya Birla Sun Life Mutual Fund and help your dreams become a sweet reality!
Mutual fund investments are subject to market risks, read all scheme related documents carefully.
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