How to Save Money Daily in 2018? News18 Kannada | EP 144
How to Save Money?
The systematic investment plan is nothing but an investing a part of monthly income as a saving. SIP is not a product invest. SIP is a way to invest through RD account. The benefit of RD account is you can get a fixed return of 7% to 8 %. You can invest SIP in mutual funds also and you can invest in mutual funds as long as you wish. Either you can invest in a normal mutual fund or ELSS mutual fund. Both have SIP option. You can also choose SIP in Insurance, Endowment plan, pension plan etc.
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