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SIP EAMPLE
by ashit thaker on May 04, 2007 04:32 PM

Fund: Prudential ICICI Growth Plan
You invest: Rs 1,000 every month
Investment date: June 2005 to May 2006

Date
NAV
Approx number of units you will get for Rs 1,000

Jun 7
46.29
21.603

Jul 7
48.08
20.799

Aug 8
52.78
18.947

Sep 8
56.36
17.743

Oct 7
58.42
17.117

Nov 7
56.42
17.724

Dec 7
62.14
16.093

Jan 9
67.58
14.797

Feb 7
71.70
13.947

Mar 7
76.19
13.125

Apr 7
83.97
11.909

May 8
89.92
11.121



Amount invested: Rs 12,000

Number of units accumulated: 194.925

Average cost of each unit: Rs 61.5621
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WHEN CAN ONE SELL ?? ANY LOCK IN PERIOD?? AND WHAT IS THE RETURN IN THE ABOVE SIP EXAMPLS ??



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SIP? What's that?