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Q.

What is sip ? please advice me with example ?

Asked by BARUN RAKSHIT, 21 Jan '09 05:01 pm
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Answers (4)

1.

SIP is Systematic Investment Plan, it is like a recurring investment done every month through some mutual fund. Like if you are investing in SIP of any mutual fund they will ask you for ur Bank A/c and will deduct the agreed amount every month and your portfolio will build up gradually. Normally SIPs are beneficial if taken for a long term, minimum for three years ....
Answered by Aditya Misra, 21 Jan '09 05:05 pm

 
  
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2.

SIP stands for Systematic Investment Plan, where in a fixed ammount is invested at regular interval, normally in units of MF.
Answered by Tushar Kher, 21 Jan '09 05:04 pm

 
  
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3.

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 Zaalim Zamaana, 21 Jan '09 05:02 pm

 
  
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4.

Aditya is right
Answered by RSehgal, 21 Jan '09 05:44 pm

 
  
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