SIP Calculation at 12% Annualised Return: Rs 9,000/month investment, starting at age 25, how soon can you generate Rs 1 crore corpus?
Systematic Investment Plans (SIPs) offer several benefits. Some SIPs in mutual funds allow you to start investing with a small amount, like Rs 100. You get access to high liquidity, meaning you can withdraw your money when needed. However, early withdrawals might come with fees. SIPs also benefit from compounding, which helps grow your wealth…