

By use of SIP calculators or by availing of the help of professional Investment Advisors and Financial Planners, you can find the SIP type that best suits your needs without impacting your cash flow. Systematic Investment Plans are tailor-made to suit the level and nature of your income and investment objectives. ICICI Bank offers a wide range of personal and business banking products and services including accounts & deposits, cards, loans, insurance, and investment products. The P/E ratio of ICICI Bank is 20.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.03. If you choose the right investment product and stay committed to your investment goals, in spite of small commitments, you will be able to build a considerably large corpus to address your long term financial goals. Earnings for ICICI Bank are expected to grow by 14.84 in the coming year, from 1.28 to 1.47 per share. Systematic Investment Plans, through their automated, periodic investment approach, builds in you a forced savings habit.Ī Systematic Investment Plan benefits from the power of Compounding and Rupee Cost averaging. The growing popularity can be attributed to several benefits of SIP investments such as:ĭiscipline is the cornerstone of a successful investment career. 532174 inched up 0.19 to 936.20 Indian rupees Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P BSE Sensex Index.
