This blog give you information about top Indian mutual funds or top mutual funds for SIP, Also read details about TIP, Smart SIP, ETF's and real estate investment trusts (REITs)
Showing posts with label TIP. Show all posts
Showing posts with label TIP. Show all posts
Sunday, October 23, 2011
ICICI DIRECT LAUNCH TIP:SIP KA BAP ( FATHER OF SIP)
Icici direct now launch target investment plan (TIP) i think this is much better than systematic investment plan (SIP) so i give a funny name to TIP that SIP ka bap ( means father of SIP).
What is TIP
TIP means targeted investment plan
This is a automatic monthly investment which allow you set your returns and goal.
Automatic system auto calculate each month investment amount it is lower when market is high and higher when market is low.
Target investment plan returns always higher then systematic investment plans.
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