Rs 3,500 Monthly SIP For 30 Years vs Rs 35,000 Monthly SIP For 10 Years: Which can work better if you get 12% return?

Rs 3,500 Monthly SIP For 30 Years vs Rs 35,000 Monthly SIP For 10 Years: Which can work better if you get 12% return?

Investing in mutual funds can be a good idea for those who want to explore investment options beyond traditional plans, such as fixed deposits (FDs). Most importantly, investors who are willing to take some risk can invest in mutual funds. There are two ways to invest: SIP (systematic investment plan) and a one-time (lump sum)…

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Power of Compounding: In how much time can you create Rs 1 crore retirement corpus by doing Rs 4,000-Rs 20,000 monthly SIP? See calculations

Power of Compounding: In how much time can you create Rs 1 crore retirement corpus by doing Rs 4,000-Rs 20,000 monthly SIP? See calculations

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…

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