The Wealth Company has received the final approval from the Securities and Exchange Board of India (SEBI) to begin mutual fund operations in the country. The new entity will operate as The Wealth Company Mutual Fund, marking its official entry into India’s fast-growing Rs 74.41 lakh crore mutual fund industry. Backed by the Pantomath Group,…
SIP and Lump Sum are two widely used investment options. SIP entails investing a fixed sum on a recurring basis, whereas Lump Sum involves investing a lump sum amount at one go. Both methods have their advantages and disadvantages. SIP minimises market volatility and timing risk, whereas Lump Sum has the potential to deliver higher…
Rs 100 Daily SIP for 30 Years vs Rs 500 Daily SIP for 15 Years: One can invest in a mutual fund systematic investment plan (SIP) according to their earnings and investment capacity. They may increase the investment amount when their income jumps, but where will they be better off—a Rs 100 daily SIP investment…
For now, let’s decode how many years it can take to build a sizeable corpus of Rs 2 crore with Rs 7000 monthly investment in a systematic investment plan. Also, the investment amount shouldn’t be a concern. Many believe a small sum is not enough for investment purposes. If that’s the case, then why do…
Seven equity mutual funds have received over Rs 3,000 crore inflows in June on a monthly basis. There were 685 funds of which 664 received inflows and 21 saw outflows. (Source: ACE MF) Source link
Here’s an example to help you figure out how you can benefit from compounding by starting early and staying consistent. Suppose two friends, Jyoti and Shikha, start investing. Jyoti started investing Rs 5,000/month at age 25 and continued till age 45 (20 years). Total Investment: Rs 12,00,000Maturity Amount (at 12 per cent annual return): Estimated Rs…