What is Rupee Cost Averaging in Mutual Funds ?

Rupee Cost Averaging

The Origin of the Concept:

Rupee Cost Averaging is a popular approach when it comes to Systematic Investment Plan (SIP) route of Mutual Funds. The concept has its origin the Dollar-Cost Averaging of the western Countries.
 

The Rupee Cost Averaging – Concept Explained:

Rupee Cost Averaging is an approach in which an investor invests a fixed amount at Regular Intervals. This results in buying more when the market/prices are low and buying less when the market/prices are high. This mechanism average out the cost of an investor’s investment.

Rupee Cost Averaging – Systematic Investment Strategy Feature (SIS)

Stock Book App also comes with the SIS Feature which is similar to the concept of SIP. It helps to investwise and independently in Stock Markets – Direct Equity and Averages out your Cost of Investment

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