22Dec/09Off
Go VIP!
VIP which stands for Value Averaging Investment Plan is the new scheme in the market.
I read an article about these Funds and it sounds good.
It relys on the current Market situation to invest with an intelligent strategy.
Benchmark recently announced a new Fund with the VIP option.
A comparison between SIP and VIP:
Assuming Rs.1000/month is the maximum value to be invested with no Load.
SIP vs VIP
Click on the image to Magnify
The actual amount invested using VIP is variable every month while in SIP it is constant.
As you can see from the above table, VIP invests more money into the market when the Market is down which tends to gain more returns in terms of percentage.
BrokerageCalculator For Mobile!
Stock Quotes
| S&p Cnx Nifty | 4891.45 | |||||||
| Bse Sensitive | 16152.75 | |||||||
| Indu | 0.00 | |||||||
| NASDAQ | 2778.79 | |||||||
| S&P 500 | 1295.22 | |||||||