Start Your SIP with Kotak Mutual Fund And Avail Various Benefits

Life is a process which never stops demanding, and in today’s world, no demand can be fulfilled without money. Everyone is in a rush, running to chase some or the other objectives of their life, where the primary motive is to create wealth.

The common question everyone has is, what can we do today, to make a wealthy tomorrow. And, the answer is smart investment. Yes, a smart investment planning in mutual funds can drive you to attain all your financial goals and dreams of wealth creation. Kotak Mutual Fund is one of the leading asset management companies in India which was incorporated on August 05, 1994. It was set up under the sponsorship of Kotak Mahindra Bank Limited and trusteeship of Kotak Mahindra Trustee Co. Ltd. It is providing satisfactory solutions to the investors for generating good returns over a long time. The investments in Kotak MF can be done in two different ways, out of which the best one is Systematic Investment Plan (SIP).

Kotak Mutual Fund - SIP Details:

Kotak Mahindra Asset Management Company provides the SIP investment process in a simple way. You need to pay an equal amount of instalments on a regular basis on a certain pre-determined date. You can start your SIP with an amount of as low as Rs. 500 per month. The SIP portfolio can be diversified according to the need of your financial objectives and risk profile. You can invest your hard-earned money in various schemes of Kotak MF which are highly recommended funds by the experts.

Kotak Mutual Fund - SIP Advantages:

With the investments in SIP of Kotak Mutual Funds, the investors can avail various benefits which are listed down below:

1. Discipline Investment: A systematic and regular way of investing money over a long period of time inculcates the habit of regular savings in the investors. It helps the investors to maintain the adequate flow of money to attain the best output. For the first-time investors, SIP is a perfect solution as it helps to build the practice of regular savings which benefits in future.
2. Rupee-Cost Averaging: The concept of rupee-cost averaging ensures that in a regular investment process like SIP, the investor attains more number of units of mutual fund scheme when the market falls and fewer units when it goes up. In simple words, it allows the investors to average the overall cost of investment through SIP mutual funds. Suppose a person made a SIP investment of Rs. 1000 per month and the current NAV of the product is Rs.100, he will be able to buy ten units of the product this month. Now, if in the next month the market goes down and the NAV falls to Rs.90, the investor will be able to buy more units from his/her investment of Rs.1000. Therefore, this time he will buy (1000/90) 11 units of the scheme. This feature of rupee-cost averaging allows the investors to take advantage of reducing total cost as compared to lumpsum investors who buy a fixed number of units at the time of the one-time investment.
3. Convenience: SIP offers you to invest a smaller amount of money on regular interval which does not put burden on your other expenditures. It is easier to pay a small amount periodically through SIP then paying a big amount at a single time by lumpsum. That is why, SIP is said to be one of the best investment policies for earning good returns and attaining maximum financial objectives.
4. No Need to Time the Market: Often many people stay away from investment world due to the fear of losing money as they fail to time the market which requires adequate knowledge and skills. In the case of SIP, the expert fund managers do it for you. Once you get started with your SIP plan, the fund managers will consider market conditions and grab the best opportunity for your portfolio.

With all these features, Kotak Mutual Funds is continuously providing decent returns to its investors and satisfying their diversified needs.