Invest Rs 25 Lakh to get Rs 4.36 lakh Monthly Income: Invest Rs 25 lakh today and get a monthly income of Rs 4.36 lakh for 30 years from 55 years of age. This may sound unreal, but one may make it possible if they make the most of the power of compounding in their…
A lump sum investment involves putting a large sum of money to work at once, allowing you to capitalise on market opportunities quickly and benefit from potential growth without delay. This approach is simple and efficient, with a single transaction completing the investment. Let’s see how fast an Rs 8 lakh lump sum investment can…
When it comes to investing, two popular options are Systematic Investment Plan (SIP) and Lump Sum investment. SIP involves investing a fixed amount regularly, while Lump Sum involves investing a large sum at once. Both approaches have their pros and cons. SIP helps reduce market volatility and timing risks, while a lump sum can potentially…