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Bharti AXA offers new equity plan
CHENNAI: Bharti AXA Investment Managers has announced the launch of its new investment scheme “D-SIP”, which aims to offer convenience of investing on a daily basis in current volatile markets. D-SIP is currently being offered in Bharti AXA Equity Fund. An investor can choose to invest Rs. 300, Rs. 400 or Rs. 500 every day (on business days) for 1, 2 or 3 months. During volatile times, by averaging the purchase cost on a daily basis and staying invested for a 3-5 year period may provide reasonably higher returns than a one-time investment, says a company release.
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