Hello!<\/p>\n\n\n\n
Yes, you certainly can.<\/p>\n\n\n\n
There are two ways to invest in a mutual fund, that being:<\/p>\n\n\n\n
(a) SIP<\/p>\n\n\n\n
(b) Lumpsum<\/p>\n\n\n\n
SIP:<\/strong><\/p>\n\n\n\n An SIP in an investment process in which you invest anywhere between a minimum amount mentioned in the fund to an amount of your choice, it would be ideal to invest your desired amount every month.<\/p>\n\n\n\n Lumpsum:<\/strong><\/p>\n\n\n\n This is the amount you pay to buy a certain units of the fund all at once. Every fund has a minimum amount for a Lumpsum investment as well, and you can always choose to invest as much as you like all at once.<\/p>\n\n\n\n Say you do a lumpsum investment of \u20b950,000 in a fund which promises 8% over three years, you would<\/strong> ideally have \u20b954,000 at the end of three years.<\/p>\n\n\n\n On the other hand if you plan to do an SIP in a fund that promises 12% over three years wouldn\u2019t<\/strong> get you \u20b956,000 at the end of three years as you’re buying some units of the fund at different times over the year.<\/p>\n\n\n\n Head over to Maxiom’s\u00a0Financial Planning<\/a>\u00a0to get an idea about the funds you would like to invest in.<\/p>\n\n\n\n You would save money<\/strong> by investing in Direct Mutual Funds<\/strong> than your regular mutual funds as they have a broker incentive.<\/p>\n\n\n\n\n Maxiom Wealth \u2014 Free Tool<\/p>\n Use our free SIP calculator to project your wealth at 5, 10, or 20 years. Small monthly amounts compound into life-changing wealth \u2014 but only if you start early enough.<\/p>\n Try the SIP Calculator \u2192<\/a>\n Talk to a Financial Advisor<\/a>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":" Hello! Yes, you certainly can. There are two ways to invest in a mutual fund, that being: (a) SIP (b) Lumpsum SIP: An SIP in an investment process in which you invest anywhere between a minimum amount mentioned in the fund to an amount of your choice, it would be ideal to invest your desired… Read More »Can a person invest as low as 100 or 500 rupees in a mutual fund?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38,78],"tags":[],"class_list":["post-797","post","type-post","status-publish","format-standard","hentry","category-mutual-funds","category-sip"],"_links":{"self":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/797","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/comments?post=797"}],"version-history":[{"count":2,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/797\/revisions"}],"predecessor-version":[{"id":3818,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/797\/revisions\/3818"}],"wp:attachment":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/media?parent=797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/categories?post=797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/tags?post=797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}How Much Will Your SIP Grow to?<\/h3>\n