What is SIP in IDFC First Bank?
What is SIP in IDFC First Bank?
Systematic Investment Plan (SIP) SIP is a facility offered by mutual funds to invest in a disciplined and consistent manner, allowing one to invest a fixed amount of money at pre-defined intervals in a choice of mutual fund.
Should I Buy IDFC Bank shares for long term?
and IDFC First have done pretty well in the recent past. The asset quality has been improving. They have also raised capital a few months back and the asset quality has been improving. If you have a long-term view, you should go and buy into these banks.
Can I invest in stock as SIP?
You can only invest in a stock SIP if you are a seasoned stock market investor. If you’re new to stocks, try investing in equity mutual funds through a systematic investment plan (SIP).
Which IDFC mutual fund is good?
List of Idfc Mutual Funds in India
| Fund Name | Category | 1Y Returns |
|---|---|---|
| IDFC Infrastructure Fund | Equity | 67.4\% |
| IDFC Sterling Value Fund | Equity | 62.8\% |
| IDFC Nifty Fund | Other | 26.9\% |
| IDFC Government Securities Investment Plan Fund | Debt | 3.3\% |
Which stock is best for SIP?
Large-Cap Schemes
| Scheme Name | 5-Year Monthly SIP | 10-Year Monthly SIP |
|---|---|---|
| Quantum LT Equity Fund (G) – Direct Plan | Rs.9,15,695 | 17.27\% |
| Reliance Growth Fund (G) | Rs.10,75,057 | 24.01\% |
| SBI BlueChip Fund – Reg (G) | Rs.9,55,955 | 19.07\% |
| Tata Equity P/E Fund (G) | Rs.11,49578 | 26.86\% |
What stocks are best for SIP?
RESEARCH RECOMMENDATIONS ON STOCKS TO START SIP (AUTO INVEST):
| XIRR Returns | ||
|---|---|---|
| Scrip Name | 3 Yr. | CMP |
| HDFC Bank | 28.00\% | 2061.20 |
| Petronet LNG | 28.00\% | 247.45 |
| ITC Ltd. | 19.00\% | 319.85 |