Mirae Asset Systematic Investment Plan (SIP)Back to Facilities


SIP

Achieving is possible with SIP.

Mirae Asset* had pioneered the concept of Regular Savings Plan (RSP) in Korea which is equivalent to Systematic investing and has been the undisputed market leader in RSPs in that market for the last decade.

* Refers to Mirae Asset Global Investment, Korea

We are keen to help you benefit from our Systematic Investment Plan (SIP), so that you may achieve your financial goals.

To further propel you to make an informed decision, we have developed an innovative SIP desktop calculator ‘Mirae Asset SIP Widget’. This widget offers you dual benefit by providing a simple Monthly SIP calculator which will help you estimate the amount you need to invest to meet your goals.

Also available is a Delayed SIP calculator which enables you to calculate the wealth generated through SIP as well as the notional loss if one has delayed SIP subscription by a certain number of years. To download the calculator, click on the below icon or alternatively log on to www.miraeassetmf.co.in

This disciplined approach offers you the following benefits:

  • Lower cost through Rupee cost averaging - By investing fixed sums at regular intervals, you pick up more units when the prices are low and less units when the prices are high. This brings down the average cost of your units. Thereforethere is no need to time the markets as you invest at predetermined intervals. Refer the table below to understand how Rupee cost leads to a lower average purchase price compared to lump sum investment.

Averaging Effect

Lower average cost of purchase

Months 1 2 3 4 5 6 7 8 8 10 11 12 Total Market
Value
NAV of the Scheme (Rs.) 10 8 6 8 9 9.5 11 8 10 11 12 13
SIP Investing
Amounts Invested (Rs.) 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 12000
Units Allocated 100 125 167 125 111 105 91 125 100 91 83 77 1300 16,902
Lumpsum Investing
Investment (Rs.) 12000 0 0 0 0 0 0 0 0 0 0 0 1200
Units Allocated 1200 0 0 0 0 0 0 0 0 0 0 0 1200 15,600

  • Generate wealth through the compounding effect – Investing regularly for a long period of time could help you accumulate a sizeable corpus through the compounding effect.
  • Helps in meeting financial goals - SIP is a perfect tool for people who have a specific, future financial requirement. By investing a specific amount every month; you can plan for and may meet your financial goals, be it your child’s education, marriage or for a comfortable post retirement life. For example: Mr. A aspires to buy a car worth 5 lacs after 5 years.He will need to invest Rs.5,645/- per month, to achieve his goal (assuming 15% returns p. a.)
  • Convenience - A single ECS construction is all that you need to give to start an SIP.

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