Can I stop or pause my SIP anytime?
Yes, most mutual fund houses allow investors to pause or stop their SIP at any time without penalties. However, stopping SIPs too early may impact long-term financial goals.
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Can I invest through SIP in Wealth Bag?
Currently, SIP (Systematic Investment Plan) isn't available in Wealth Bag. However, we're working on launching this option in the near future.
What are Wealth Bags?
Imagine you're at a grocery store, and instead of picking individual items, you see pre-packed baskets filled with different types of fruits or snacks. Wealth Bags work similarly but with stocks instead of groceries. They're like ready-made bundles ...
What is SIP (Systematic Investment Plan)?
SIP is a disciplined way of investing where a fixed amount is automatically deducted from your bank account and invested in a mutual fund at regular intervals (monthly, quarterly, etc.). It helps in wealth creation through the power of compounding ...
What is the minimum amount required to start an SIP?
Most mutual funds allow SIP investments starting as low as ₹500 per month, making it an affordable way to invest.
What are the types of orders?
There are several types of orders that traders can use to enter or exit a trade in financial markets. The most common types of orders include: Market order A market order is an order to buy or sell a stock at the best available price. It is the most ...