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Reliance systematic investment plan requires you to invest as minimum as Rs.100. It is a one of the best SIP investment plans in India suitable to your needs with the investment minimum per month. It enables you to build up from penny to a small wealth set aside.You can start by investing anytime with the NAV prevalent then i.e. the net asset value. The Reliance systematic investment plan enables you the freedom to buy and sell at any point without having to worry about monitoring the marketsRupee Cost Averaging i.e. lower cost benefit per unit enables you to buy lesser units with rising markets and more units with falling markets and hence reduces the cost per units evening out your investment.If you have your child's education to worry about or want to accumulate your wealth with added bonus the Reliance SIP plan is ideal.There are four things to keep in mind when investing in the plan. Make a choice between an equity SIP plan or debit SIP plan. Decide when you want to invest. You can choose between making higher invests in 6 months time, Rs 1000 or making every month as installment of Rs.100 i.e. choose the intervals at which you want to make investments. Minimum amount to invest as mentioned before is Rs 100 for a monthly options of 60 installments. For a 12 installments SIP plan minimum is Rs. 500. If have the power to invest more, go for Rs. 1.500 for 4 installments Begin by investing the first installment on any given working day and follow with the rest of payments on either of these dates - 2nd, 10th, 18th and 28th. Choice your mode of transfer - Electronic Clearing Service or Post dated Cheques.You can ask for the form or download from the site and provide the information needed correctly. If you would like to assign a nominee, download the Nominee form online or ask for it too. If you wish to research the Reliance SIP plan before you invest, browse the website for their Annual report on Mutual funds and asset management.Next Step - How should you invest in this Mutual Fund?You have to analyze the research reports given by the brokerages for this scheme. Then you should take a call 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.Next Step: Download the list of Best performing Reliance Systematic Investment Plans Article Tags: Reliance Systematic Investment, Systematic Investment Plan, Reliance Systematic, Systematic Investment, Investment Plan
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