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Kotak Mutual Fund has launched "Kotak Systematic Investment Plans" for the benefit of retail investors and low income persons. By this way you can invest a fixed amount for a certain period of months i.e. 6 months or more.How to choose the right plans?As an investor, it is your duty to check if you are investing in the right schemes. The brokers and agents would recommend schemes that would pay them more commissions. But you should ensure that you are getting benefitted the most. * You should check the returns generated from the schemes in the past 6 months, 1 year, 3 years and 5 years. But please note in mutual funds, the past investments are not guaranteed in future. * You should enquire on the entry load and exit load applicable for the mutual fund schemes in which you are planning to invest. Most of the schemes do not have entry loads. But if you plan to close your investment within 1 year, then most of the schemes would charge 1% as exit load. If you plan to close the investment after 1 year, then most of the schemes would not impose any charges. You should check these details before investing in any of the schemes. * You should check the payment options available for investing in the SIP Plans. You can pay the monthly payments either through post dated cheques or you can apply for SIP auto debit facility.Next Step: Find more details on SIP Plans check list. Article Tags: Kotak Mutual Fund, Kotak Mutual, Mutual Fund, Should Check
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