Tue, Apr 16, 2024
SIP Calculator: Retirement planning along with career building is important for everyone. This is because in old age when you will not have any source of income, this accumulated capital will help you in running your daily activities.
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Sat, Feb 03, 2024
When you start your career or your salary is low, you may think that saving money and creating a retirement corpus are not my cup of tea. You may think that even if you save money, it will be low and insufficient to create a large corpus. But you are wrong. Saving money is a habit. People with large paycheques may have spendthrift ways and may not save at all. But we will tell you a formula where, even with a monthly salary of Rs 20,000, you may think of becoming a crorepati.
Thu, Dec 07, 2023
Generally investors look for safe investments that can give them assured income, guaranteed returns and income tax benefits. PPF is one of popular schemes for such investments. But many investors rush to buy mutual funds through SIPs as they expect to get higher returns from there. Here, we will tell you which option can help you reach faster to your goal of Rs 2 crore corpus.
Mon, Nov 20, 2023
SIP mutual funds have emerged as an effective tool to increase your wealth. They have given an average returns of 12 per cent in the last few years. Even if you earn Rs 15,000 every month and invest Rs 3,000 in SIPs, you have fair chances to becoming a crorepati after some years.
Wed, Sep 20, 2023
Both Stock SIP and Mutual Fund SIP encourage regular savings and investments. However, compared to Mutual Fund SIPs, Stock SIPs bear higher risk due to its direct exposure to fluctuations in stock prices.
Mon, Jun 19, 2023
2023 SIP Investment Tips: Despite the ups and downs in the market, the confidence of mutual fund investors remained strong last year. Through the Systematic Investment Plan (SIP), investors, especially retail investors, invested heavily throughout the year.
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