The information and data contained in this Website do not constitute distribution, an offer to buy or sell or solicitation of an offer to buy or sell any Schemes/Units of Aditya Birla Sun Life Mutual Fund (ABSLMF), securities or financial instruments in any jurisdiction in which such distribution, sale or offer is not authorised. In particular, the information herein is not for distribution and does not constitute an offer to buy or sell or the solicitation of any offer to buy or sell any securities or financial instruments in the United States of America ("US") and Canada to or for the benefit of United States persons (being persons resident in the US, corporations, partnerships or other entities created or organised in or under the laws of the US or any person falling within the definition of the term "US Person" under the US Securities Act of 1933, as amended) and persons of Canada.
By entering this Website or accessing any data contained in this Website, I/We hereby confirm that I/We am/are not a U.S. person, within the definition of the term 'US Person' under the US Securities laws/resident of Canada. I/We hereby confirm that I/We are not giving a false confirmation and/or disguising my/our country of residence. I/We confirm that Aditya Birla Sun Life Mutual Fund / Aditya Birla Sun Life AMC Limited (ABSLAMC) is relying upon this confirmation and in no event shall the directors, officers, employees, trustees, agents of ABSLAMC associate/group companies be liable for any direct, indirect, incidental or consequential damages arising out of false confirmation provided.
We all have various dreams that we want to realize – owning a Car, a House or going on a Vacation. Besides these, we also need to plan for Children's Education, their Marriage and our Retirement.
Achieving these dreams may seem like climbing Mt Everest, but its possible if you prepare for it – Step by Step
SIP or systematic investment planning is method through which you can invest in mutual funds through small and periodic installments. Though an SIP can be initiated on any day of the month, we suggest you to consider 12th and 25th of every month for setting aside money for investing. This will ensure that you save some money on 12th after paying all your essential bills and the rest on 25th after meeting most of your monthly expenses! What's more, the plan comes with the flexibility to invest any amount starting with as little as Rs. 1000. Whether you choose to save during the beginning of the month or towards the end, the important part is to remind yourself to save, just the way you keep reminders for other payments.
Systematic Investment Plan (SIP) is a financial planning tool that helps you to create wealth, by investing small sums of money every month, over a period of time. A Systematic Investment Plan (SIP) is a vehicle offered by mutual funds to help investors invest regularly in a disciplined manner.
Helps in inculcating financial discipline
Helps you put investments on your priority list
Average out your cost of investment and hence reduce your risk
Let's say you invested Rs. 1000 every month and let's assume the scheme you invested in is available at a unit value of Rs. 20 per unit. Then in month 1, you will be able to obtain 50 units. In month 2, if the unit value goes down to Rs. 10 then you will be able to obtain 100 units.
Hence for Rs. 2000 invested over 2 months, the total value of your investment at the end of 2 months is Rs. 1500. However, if you had invested a straight sum of Rs. 2000 in month 1 when the unit value was Rs. 20 per unit – your net value at the end of month 2 will only be Rs. 1000.
Hence a SIP helps you average out your cost and thereby reduce risk resulting in generating better returns
Helps in compounding your wealth
Getting rich is simpler than you think, here's a simple formula that can help:
Start Early + Invest Regularly = Create Wealth
Systematic investing has a compounding effect on your investments. In the long term, an investment as low as Rs 1000/- per month can swell up into a huge corpus.
Similarly, starting your investments early also has its own advantages. Starting early means that the power of compounding starts acting on your money earlier, thereby potentially generating better returns.
Consider the following graph:
An individual who starts planning for his retirement at 25 yrs of age by investing Rs. 1000 / per month may collect up to Rs. 40 Lakhs on retirement whereas his investment over the period may just be Rs. 4.2 Lakhs
On the other hand, if the same individual delays his retirement planning by 5 yrs, his wealth upon retirement may reduce significantly (approx Rs. 15 Lakhs.)
While the purchase can be initiated on any day of the month, the actual purchase date can be 1, 7, 10, 15, 20, 28of every month.
If you are a new customer, Start your investment process with Birla Sun Life SIP in four easy steps:
Visit the SIP Calculator tool to select your SIP amount.
Select the mutual fund schemes that suit your investment objectives.
Fill-up the Application form Online or download the same. (One application form for every scheme)
Submit the application form along with the first cheque at any of our branch locations / CAMS locations or to your nearest distributor.
If you are an existing customer and want to start a new SIP click here