Business terms and jargon explained. Your business dictionary
What is Regular Investment Plan
This is any invesment where you make a regular payment into. These plans are taken for a period of time which can be fixed or on going. These investments are normally made of a number of collective investments under a named fund.
Ideal for people that want to invest and save at the same time who do not have a large sum of money. This allows them to be part of a greater fund that invests in a number of investment catergories.
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Term created / updated 2006-05-20 09:37:04
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