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Re: SBI SIP plans in India
Systematic Investment Plan is a tool of SBI for creating wealth by investing small amount every month for a period of time. It is a Mutual Fund scheme of SBI. I am sharing the advantages of SIP for you. You can use it fir your purpose. Disciplined approach to investments No need to time the market Harness the power of two powerful Investment strategies: Rupee Cost Averaging - Benefit from Volatility Power of Compounding - Small investments create Big Kitty over time Lighter on the wallet Reap benefits of starting early |
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