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SEF Current NAV : 9.44 as on 2024-04-05
SEF Current NAV : 9.44 as on 2024-04-05

Siddhartha SIP

Siddhartha Systematic Investment Plan (Siddhartha SIP) is a smart and hassle-free investment feature in an Open-End Mutual Fund Scheme – Siddhartha Systematic Investment Scheme (SSIS). It allows investors to make regular and fixed installments to the Fund Manager (Siddhartha Capital Limited (SCL)) to accumulate wealth over a long period of time.

Benefits of Siddhartha SIP

1. Convenience

You can choose the frequency and amount of your SIP investments as per your convenience.

2. Rupee Cost Averaging

Fixed amount invested in SIP buys more units when prices are low and fewer units when prices are high, which helps to average out the cost of investment over time. This strategy reduces the impact of market volatility on the overall investment.

3. Power of Compounding

The invested amount in SIP earns returns annually, those returns if re-invested, themselves start earning returns, leading to exponential growth over time. Power of Compounding is a technique of making your money work harder for you and is perhaps the most powerful tool that an average investor can use to plan for many of life’s financial goals, including retirement.

4. Flexibility

Investors have the option to cancel the SIP plan at any time. The amount invested can also be increased or decreased at any time.

5. Long Term Gains

SIPs are generally recommended for long-term goals, such as wealth creation, retirement planning, or funding major expenses like education or buying a home.

Features of Siddhartha SIP

  • Dividend Reinvestment
  • Minimum Investment NPR. 1000 Only
  • Purchase / Redemption at Net Asset Value (NAV) through the Fund Manager
  • Tax Implications (Income from Mutual Funds are Tax Exempted)