Power of Compounding: With a planned and strategic approach, anyone can make their post-retirement life financially stable. Even a modest sum of Rs 13,000 per month can accumulate into substantial wealth over time if invested strategically, such as in SIP mutual funds. A Systematic Investment Plan (SIP) is a market-linked long-term investment option that allows…
Compounding increases your returns on investment over time. Compounding means you are earning returns not just on your original investment but also on returns. In a systematic investment plan (SIP), compounding plays a very good role where you invest a fixed amount regularly. For example, if you put in Rs 10,000 annually at a rate…
SIP for Retirement Planning: More than a large investment, retirement planning needs patience, where an investor can give their investment a long term to grow. If the investment horizon is long, a small investment can convert into a large corpus at a steady growth. In contrast, if an investor wants quick results from their equity…
Through a Systematic Investment Plan (SIP), you can invest a fixed amount regularly in mutual funds, such as daily, weekly, quarterly, or monthly. A Systematic Investment Plan (SIP) is an investment strategy by which you can invest a certain amount at regular intervals in a mutual fund or scheme of your preference. It is not…
A Systematic Investment Plan (SIP) is a simple and smart way to invest in Mutual Funds. Instead of investing a large amount at once, you can invest small amounts regularly, like daily, weekly, or monthly. It works like a recurring investment, where the amount is automatically debited from your bank account and invested in the…
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…