Founder And CEO Of F...ย โขย 10m
"Mutual Fund SIP Calculator: How Long to Reach 1 Crore with Monthly SIPs of โน5,000 or โน10,000?" Investing in mutual funds through a Systematic Investment Plan (SIP) is a smart way for investors to grow their wealth and potentially become a crorepati (millionaire). The journey to โน1 crore depends on a few key factors: the monthly investment amount, the investment duration, and the expected annual rate of return. Over time, compounding can significantly boost returns, making disciplined, long-term SIP investing a popular choice among Indian investors. Historically, equity mutual funds have delivered annualized returns of about 12-15%. In this article, we use the Step-Up SIP calculator to see how long it would take to reach a target of โน1 crore with monthly SIPs of โน5,000 and โน10,000, assuming a 12% annual return and a 10% yearly increase in the SIP amount. How Long to Achieve โน1 Crore with a Monthly SIP of โน10,000? If an investor starts with a monthly click below ๐ the link
Founder And CEO Of F...ย โขย 10m
Radhika Gupta's Investment Mantra: Stick to SIPs It's Cheaper Than Coffee Don't let market fluctuations scare you. Stay consistent with your SIPs and reap the rewards in the long run. Renowned investment expert and Edelweiss Mutual Fund CEO Radhika
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Finsharkย โขย 6m
*Is SIP Really the Right Choice? ๐ค* We often see ads claiming โน10,000 SIPs can grow to โน9 Cr at 18% CAGR! But after adjusting for 6% inflation, the reality changes. ๐ Reality Check: - โน10,000 in 1995 equals โน57,000 today. - Back then, a โน10
See MoreActively looking for...ย โขย 1y
As a beginner with NO knowledge in stocks/mutual funds, what should my first step be to get into investing? How can I start? Should I - 1) Study Stocks (also, please suggestbest resources to get strted with) OR 2)Practically start with mutual funds
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