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Q.

What is SIP? What does it means?

Asked by alok, 14 Oct '08 06:01 pm
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Answers (6)

1.

The Share Incentive Plan (the SIP) was first introduced in the UK in 2000. SIP's are an HMRC (Her Majesty's Revenue & Customs) approved, tax efficient all employee plan, which provides companies with the flexibility to tailor the plan to meet their business needs. SIPs are becoming increasingly popular with companies that want to engage their workforce and recruit and retain key employees. There are 4 main elements to the SIP from which companies can choose to use one or more of the following: Free Shares Partnership Shares Matching Shares Dividend Shares
Answered by Stone Heart, 14 Oct '08 06:13 pm

 
  
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2.

Systematix Investment Plan ( SIP) is a popular form of method offered by MF's/ ULIPs to enable disciplined (fixed date investment) savings .
Answered by Ramesh Chordia, 14 Oct '08 06:36 pm

 
  
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3.

Sip is systemmaticly investment plan i.e. you have to invest in mutual fund on monthly basis and you have alloted unit on monthly basis on the nva of the day in which you have pay the monthly installment. this save investment in mutual fund and just like rd in the bank. it is minium risk and maxium gain. the minium return my be 15 to 20 percent but in rd return is 5 to 7 percent.
Answered by ravinder saini, 14 Oct '08 06:15 pm

 
  
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4.

Session Initiation Protocol
Answered by Pardeep kapoor, 14 Oct '08 06:10 pm

 
  
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5.

An SIP is a vehicle offered by mutual funds to help you save regularly.
Answered by D chhetri, 14 Oct '08 06:09 pm

 
  
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6.

Systematic Investment Plans.
Answered by jakir hussain, 14 Oct '08 06:07 pm

 
  
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