POSTED BY September 22, 2013 11:44 am ONE COMMENTON
I am planning to take SBI Magnum Equity – Direct – Growth for 25 years through SIP mode with a monthly payment of Rs. 5000. In this regard, I have few questions.
1) Whether above MF will be available for 25 years ? I mean, how would I know that a given MF scheme will be available for what period of time ?
2) Can I increase the SIP monthly payment ? If yes, then how ?
3) Is it possible to stop the payment after say 20 years and let it continue for 25 years ?