What is SIP (Systematic Investment Plan)?

A Systematic Investment Plan (SIP) lets you invest a fixed amount in mutual funds regularly — monthly or quarterly — starting from as low as ₹500. It leverages rupee cost averaging and compounding for long-term wealth creation.

How can I save tax through mutual funds?

ELSS (Equity Linked Saving Scheme) mutual funds qualify for deduction up to ₹1.5 lakh under Section 80C with a 3-year lock-in period, offering tax benefits along with potential market-linked returns.

What is the minimum SIP amount?

You can start a SIP with as little as ₹500 per month. Many fund houses allow SIPs from ₹100 as well for select schemes.

How do I start investing in mutual funds in Nashik?

Contact Govinda Wealth Solutions in Nashik. Ravindra Pansare, an AMFI-registered Mutual Fund Distributor, will help you understand your goals and get started with the right scheme.

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