You may have already read about the annualised returns that many investors expect from their mutual fund investments. But have you tried to quantify the overall outcome of such returns by assigning actual numbers to your situation? In this article, let’s study a situation where, let’s say, you make it a point not to spend…
From Rs 1,947 SIP to Rs 19.47 Lakh Corpus: Creating a Rs 19.47 lakh corpus from a Rs 1,947 monthly SIP investment can be an achievable target if you use this Independence Day to begin your financial freedom journey. How many years may it take for you to create a Rs 19.47 lakh corpus from…
From 0 to Rs 1 crore: Creating the first Rs 1 crore from investments is a large milestone for most people. Once achieved, the next Rs 1 crore may come sooner. But how much monthly SIP or lump sum amount do you require to generate your first Rs 1 crore if you want to get…
Top 4 Smallcap SIP Mutual Funds in 10 Years: Smallcap mutual funds attract a lot of investors for their high-growth potential. But with high growth comes high risk. So smallcap funds have the potential to rise the fastest during the market uprise, but they also fall the steepest during a market slide. However, smallcap mutual…
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…
Home Loan+SIP Investment: Repaying a home loan may be the only financial goal on your mind when you are in its process, but making an investment simultaneously can cover a large amount of the loan. While repaying the home loan, if you take an extra little effort to create a corpus, it may cover more…