SBI Mutual Funds SIP Plans

May 19
08:12

2011

Balajee Kannan

Balajee Kannan

  • Share this article on Facebook
  • Share this article on Twitter
  • Share this article on Linkedin

Monthly Systematic Investment Plans helps you to invest money in mutual funds each month in a small quantity. You can fix some amount each month i.e. Rs 1000 in a particular scheme and make payments.

mediaimage
You have to invest your hard earned money in some good investment plans to earn good returns. Mutual Funds is one of such schemes that are available to get returns. State Bank Mutual Fund is one of the best performing scheme in India. In case if you are not able to invest the money at a single payment,SBI Mutual Funds SIP Plans Articles SBI systematic investment plan is available for your convenience.

Features:

If you want to invest in SBI SIP plans, then you have to invest a minimum amount of Rs 500 in the schemes. Most of the schemes in SBI have systematic investment plan options. You have to give post dated cheques or you have to apply for sip auto debit facility, so that the funds will be withdrawn automatically from your account. You have to fill a bank authorization form along with the SBI mutual fund application form and submit the form in the SBI fund offices or in the designated state bank of India branches. You can also apply for SBI mutual funds online. You have to register in the website and apply for the scheme in which you want to invest.

Next Step - How should you invest in this Mutual Fund?

You should analyze the ratings and research reports given by the brokerage houses for this scheme and take a decision whether to invest or not. If the fund is an existing fund, then you should analyze the past returns from these funds on a 1 year, 3 year and 5 year basis. The research reports and ratings are available in the related websites.You can find more research reports and analysis for SBI schemes. You can also compare the performance of SBI schemes with other schemes.