A program that allows an individual to have a set amount electronically transferred from one account to another at a specified frequency. Examples include stock and mutual fund reinvestment programs, defined contribution plans, mutual fund contribution programs, and automatic withdrawal plans. also called systematic investment plan.

A plan offered by most mutual funds where as little as $50 a month is automatically deducted from an investor's bank account and invested in the mutual fund of their choice.

Under these plans, the investor mandates the mutual fund to allot fresh units at specified intervals (monthly, quarterly) against which the investor provides post-dated cheques. On the specified dates, the cheques are realised by the mutual fund and on realisation, additional units at the prevailing NAV are allotted to the investor. This inculcates a healthy and disciplined saving habit.

Under these plans, the investor mandates the mutual fund to allot fresh units at specified intervals (monthly, quarterly) against which the investor provides post-dated cheques. On the specified dates, the cheques are realized by the mutual fund and on realization, additional units are allotted to the investor at the prevailing NAV.

A plan introduced in mutual funds that enables the investor to give the mandate of allotting fresh units at specified intervals (monthly, quarterly) against which the investor provides post-dated cheques. On the specified dates, the cheques are realized by the mutual fund and on realization, additional units are allotted to the investor at the prevailing NAV.

An arrangement where investors have money withdrawn periodically from their bank account to purchase shares of stock or a mutual fund.

A program allowing mutual fund investors to purchase shares periodically through automatic transfers from the individual's checking or savings account.

Any plan in which an investor can automatically accumulate shares of a fund or company on a regular basis.

Program that allows you to have as little as $50 a month electronically deducted from your checking account and invested in the mutual fund of your choice.

This service allows investors to invest automatically, by transferring money from bank or brokerage accounts at regular intervals.

A method for investing in mutual funds which enables a shareholder to select a specific amount to be withdrawn from a bank checking or savings account, or an automatic exchange from another mutual fund, on a regularly scheduled basis and invested in additional fund shares.

An investment plan that automatically takes a deduction from a paycheck and invests it into a mutual fund or 401K.

See on: Investopedia An investment program that allows you to contribute small amounts of money (as little as $20 a month) in regular intervals. Funds are automatically deducted from your checking/savings account or your paycheck, and invested in a retirement account or mutual fund.