Investment Plan
What is an Investment Plan?
An investment plan is a financial product designed to help individuals grow their money over time by investing in various assets such as stocks, bonds, mutual funds, or other securities. These plans often come with specific goals like wealth creation, retirement planning, or funding major life events.
Investment plans may be offered by insurance companies, banks, or financial institutions and can include features like regular contributions, professional management, and tax benefits.
The main purpose of an investment plan is to build wealth systematically while managing risk, enabling individuals to meet their long-term financial objectives.