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| Dear V M S Reddy, |
| We all have multiple goals in our life and it is therefore very important to ensure that we have plans to achieve them despite market volatility. At ICICIdirect.com, we want you to stay focused on your goals and let the new Target Investment Plan (TIP) take advantage of the market volatility and work for you. |
| We have recently introduced TIP, an innovative addition to the Mutual Fund Product basket that works similar to a Systematic Investment Plan (SIP) i.e. it is an investment option for those who prefer disciplined investing over a period of time.
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| TIP differs from SIP in the monthly installments that are invested. TIP helps you invest in line with the key investment principle of investing less when the price is high and investing more when the price is low. This also helps in lowering the average price of investment and provides better return than a SIP most of the time.
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| To help you understand, set up a TIP please see below illustration.
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| For example in case you are planning to save  100,000 to be used as down payment for a new car which you wish to buy next year. You may look at creating a Target Investment Plan with a target of 100,000 and tenure of 1 year. This not only helps you to save for the car but also ensures that you are able to achieve your goals.
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| Some of the key features of TIP. |
 | Plan multiple goals and set a target amount and period for each goal | | Invest in scheme/s from recommended MF schemes | | Set an average monthly investment amount basis details given and additionally offers the option | | | of providing a maximum amount, basis some predefined limits | | TIP follows the key principle of investing less when prices are high and more when prices are low | | | resulting in cost averaging over a period of time | | TIP provides better returns than a SIP most of the times | |
| You can continue to enjoy paperless investing in Mutual Funds with TIP and stay on track with your financial goals. |
| To set up a TIP today, please login to ICICIdirect.com and select TIP under Mutual Fund section. |
| In case you need assistance on identifying and creating your goal, you can use the 'Wealth GRIP' under the customer service section after you login to your account. |
| You may also contact your Relationship Manager or your nearest Branch to start a TIP today. Login to ICICIdirect.com to find the contact details of your Relationship Manager. To locate our nearest branch click here. |
| For further queries, please call us on our Customer Care Numbers or write to us at helpdesk@icicidirect.com. |
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| Best regards, |
Vineet Arora
Head - Products and Distribution |
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