How to Invest in SIP Online [SBI Mutual Fund] | Start SIP in Mutual Funds

How to Invest in SIP Online [SBI Mutual Fund] | Start SIP in Mutual Funds
In this video by FinCalC TV we will see how to invest in SIP online in SBI mutual fund with live demo in hindi. We will also see SBI mutual fund how to start sip in mutual fund online easily. This video will help you to invest via SIP in SBI mutual fund using SBI mutual fund official website in direct mutual fund plan - SBI blue chip direct plan. We will see hindi query of SIP shuru kaise karein and SIP start kaise karein.

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CHAPTERS:
00:00 How to invest in SIP intro
00:21 Start SIP in SBI mutual fund demo
01:15 Register on SBI mutual fund
01:51 Login on SBI mutual fund
03:48 How to start sip in mutual fund online
10:27 Confirmation of SIP investment
11:15 Registering URN on Internet Banking biller
13:28 How to calculate SIP Returns
14:56 More Excel Videos

SIP Return Calculation:
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WHAT IS MUTUAL FUNDS SIP?
SIP full form is Systematic Investment Plan. SIP is a way to invest in mutual funds or any investment option every month regularly. In this article we will consider SIP as investments in mutual funds for simplicity. You can also do SIP in Stocks or Shares of companies.

Benefits of SIP:
1. Rupee Cost Averaging: This is the term derived from dollar cost averaging but let’s understand this in terms of rupee! The fact that SIP invests in mutual funds regularly, helps you to buy less mutual funds units when market goes up (price goes up) and more mutual funds units when market goes down (price goes down). We will see this in examples below.
2. Lowering risk: As compared to lump sum investing where you invest entire amount in one go after seeing a small drop in market, your SIPs help you to balance your investment value by seeing the ups and downs of market while helping you invest regularly. This lowers the risk in SIP.
3. Mental Strength: In SIP you do not pay huge amount up front like lump sum investing. You always pay a fraction of amount which you can afford to invest and reap benefits over long term.
4. Achieving goals: You must have heard about – “Slow and steady wins the race“. It’s not about the sprints that you take but it’s about the marathon that you win slowly and with patience. SIP helps in achieving your long term goals by keeping aside some amount of money every month.

WHAT IS NAV VALUE IN SIP?
NAV full form is Net Asset Value, which is the price of single unit of a mutual fund. Let’s say when you buy an egg for Rs. 5, that’s the price of 1 quantity of egg. If you buy 6 eggs (half dozen), you have to pay – 6 quantity * Rs. 5 per quantity price = Rs. 30.
Similarly, there is NAV value of a mutual fund. It varies for different mutual funds since there are several mutual funds in market. Just like we don’t get egg and slice breads for same price, mutual funds also have different NAV values.

How to Invest in SIP?
You can easily invest in SIP of SBI mutual fund using their official website. The SIP option in official mutual fund website helps you to book SIP and every month SIP amount will be deducted from your bank account.

For how long is SIP Time period?
You can keep the SIP minimum for 6 months and maximum for ever. There is no upper limit on which you have to stop SIP, it completely depends on you. Also, you can redeem the SIP units anytime you want, provided you have read about exit load conditions of mutual fund.

WHEN YOUR SIP GETS MATURED?
It is important to mention here that you can sell your mutual fund units when doing SIP, anytime you want. There is no SIP maturity defined. There is no compulsion to keep your SIP investments for 1 year or 5 years or any specific period. You are free to buy and sell anytime you want.

#SIP #StartSIP #InvestInSIP #SBIMutualFund #FinCalC

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DISCLAIMER:
Examples and demo used are for Illustration purpose only and might not cover every detail of examples shown. It is advised to seek professional help before taking any financial decisions. The owner of this channel shall not be liable in any way.