In today’s time, every common person wants to have maximum income, so that he can fulfill his needs and dreams and live a happy life. SIP is an investment mode of mutual funds where people invest small amounts at regular intervals. However, those who are new to SIP investment should know how to start SIP. So, let’s understand how to start SIP investment, some of the best performing SIP, the concept of SIP online, how to buy SIP online, etc. Systematic Investment Plan (SIP) is the best way to invest in mutual funds schemes. However, a large number of people still remain confused about this. Many people consider it as the category of mutual funds scheme. Let’s know what is SIP and how you can start investing in mutual funds through your home.
After the reclassification of mutual funds, several new categories have been created. One of them is the aggressive hybrid scheme category. Prior to classification, these schemes were known as hybrid schemes or balanced schemes. However, market regulator SEBI has defined them clearly by creating seven hybrid schemes. These include Aggressive Hybrids, Conservative Hybrids, Balanced Hybrids, Dynamic Asset Allocation or Balanced Advantage, Multi-Asset Allocation, Arbitrage and Equity Saving Schemes. Aggressive hybrid schemes require 65-80% of their total amount to be invested in equity. The remaining 20-35% have to invest in debt. They invest like pre-balanced or equity hybrid schemes. Due to a limit of at least 65% investment in equity, they are taxed like equity schemes.
Most people save income tax only by investing in LIC, PPF, etc. But there are many more options where tax can be saved under section 80C by investing.
Buying a house is one of the major achievements of a person’s life because it takes a lot of money. Many people buy houses with their savings money while others resort to bank loans to fulfill their dream of buying a house. Most people depend on the reputation of the builder to buy a house. But this is a misconception because perfect paperwork should be the only criteria for buying a new house. Therefore, while buying any house, you should be very careful and check whether the builder has done all the necessary paperwork or not. Apart from this, it is also necessary to check the credibility of the builder by visiting various forums. You can check his past or current projects or even ask your online community to know about a builder.
