Systematic Investment Plan
What is a Systematic Investment Plan (SIP)?
Periodic payment
Regular investments into the mutual fund.
Standing order
Can be done by direct debit from a bank account
Low payment
Minimum payment: As low as Rs. 2,000 per month (NO Upper limit)
Disciplined and convenient
Disciplined and convenient: As low as Rs. 2,000 per month (NO Upper limit)
Open to all investors
Open to all investors: As low as Rs. 2,000 per month (NO Upper limit)
1. You get more shares when the price is low
2. Your shares increase in value when the price is high
3. It averages out your cost of purchase of shares
Average price paid by regular investor ~ Rs. 18.53
Why ‘SAVE’ in a Systematic Investment Plan of IGF?

 

Performance of IPRO Growth Fund
Consistent returns over the last 7 years
Diversification of the portfolio
Investment in both local stocks and foreign funds (to minimize risks)
You can break one pencil, but it is difficult to break 50 pencils tied together
Liquidity
Can cash out upon request at ANY time.
No Exit/Penalty Fee is charged to investor
Expertise & Active Management
More than 15 years of experience in the industry

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What happens once I have started my Systematic Investment Plan?

 

Standing Order
Once your application is received, we will debit the instructed amount directly from your bank account on a monthly basis (through a standing order).
Quarterly Statements
Quarterly statements will be sent once the transaction is completed. These will include the number and price of the shares your monthly contributions have bought, together with the current value of the shares you hold.
Annual Reports
You will also receive a copy of the annual report of the Fund and accounts are published on a quarterly basis in the local newspaper
in order to work out the value of your holding, simply multiply the number of shares you hold by the share price
For example, if you hold 2,000 shares in IPRO Growth Fund and the current value (NAV) is
Rs. 25.00 the calculation would be:

2,000 shares X Rs 25.00 = Rs 50,000


It is important to regularly check on your investment in order to make sure you are happy with the progress it is making. If at any time you are unhappy you should contact us or your financial advisor for assistance.

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