Systematic investment plan


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Systematic investment plan

An approach involving regular investments in order to take advantage of dollar-cost averaging.

Dollar-Cost Averaging

An investment strategy in which one makes investments in the same dollar amount at regular times. For example, one may buy $1,000 in Stock A every month, regardless of Stock A's current price. Because this means one buys fewer shares when the price is high and more when the price is low, dollar-cost averaging aims to reduce the average cost of the shares one buys. This increases the profit per share when one sells the stock. Dollar cost averaging is most common with shares of a mutual fund or a retirement plan. It is also called a constant dollar plan.
References in periodicals archive ?
Over the years, he said, he has seen many expatriates return home with confidence after following the systematic investment plan.
The Securities and Exchange Commission today instituted settled enforcement proceedings against First Command based on similar allegations relating to the firm's sales of systematic investment plans.
NASD's Investor Alert, Systematic Investment Plans - Educate Yourself Before You Enlist, follows an NASD enforcement action against a brokerage firm selling these plans to military personnel.
Imagine you invested in an equity fund through a systematic investment plan, or SIP, till December 2013 and redeemed the investment in March 2014.
All his transactions are online and he gets account statements every time monthly systematic investment plan ( SIP) amount is debited from his bank account.
Small Cap Value Fund shareholders of record on May 14, 2004, will be able to add to existing accounts through new purchases, exchanges from other One Group funds, the Systematic Investment Plan and the reinvestment of dividends or capital gains distributions.
a periodic payment plan (also known as systematic investment plan or contractual plan) between the period January 1, 1995 and December 15, 2004 ("Class Period"), inclusive.
The complaint seeks to recover, on behalf of all persons who still owned their Systematic Investment Plan ("SIP") on December 15, 2004 ("Class Members"), all amounts paid into First Command's Systematic Investment Plan for indirect interests in mutual-fund shares which had not been withdrawn as of December 15, 2004 ("Class Period").
Kumar suggests the systematic investment plan ( SIP) route.
Investors as of June 3, 2002, that currently purchase shares of the Fund through a Systematic Investment Plan or an Automatic Exchange Feature may continue until Monday, September 30, 2002.
Summary: Experts says one should buy gradually through a systematic investment plan, as IT
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