Systematic Investment Plan (SIP)

What is SIP? How does it work in combination with Parivaar?
SIP (Systematic Investment Plan) allows you to invest a fixed amount of money every month in specifically chosen mutual fund/s.
This helps you invest regularly and in manageable amounts. SIP allows for Rupee Cost Averaging. Since the purchase is made at various points in time, you are better protected against price fluctuations and the vagaries of the market.
Parivaar offers a direct debit facility so that you don't need to write multiple cheques or remember payment dates. We will take care of your payment headaches.

Which funds can I subscribe for through SIP?

• Franklin India Blue Chip: one of the oldest private sector equity funds in India. Invests primarily in large cap stocks.
• Franklin India Prima Fund: one of the funds that invests in small/mid-cap stocks. Allows you to take an exposure in the high potential equities.
• Franklin India Prima Plus: invests in a variety of stocks, both large and small/mid cap, making it a diversified equity fund.
• Franklin India Balanced Fund: invests in mix of debt and equity assets thereby smoothening the volatility of an equity fund.
• Templeton India Income Builder Account: one of the oldest income funds in the country. Invests in debt and money market securities to generate stable returns.
• Grindlays Super Saver Income Fund: managed by Standard Chartered Mutual Fund, this has been one of the best performing debt funds in the country over the last two years. Allows for investment in a stable return instrument.