Crorepati goals: Rs 10,000 in this fund in 1993 would have given you Rs 5.80 crore; check details

Crorepati goals: Rs 10,000 in this fund in 1993 would have given you Rs 5.80 crore; check details

During a period of heightened concern among investors regarding the fluctuating Indian equity market, numerous experts are recommending continued investment in SIPs for long-term wealth accumulation and crorepati goals. According to Securities and Exchange Board of India Chairperson Madhabi Puri Buch, there is no better time than the present to consider investing in SIPs.  Buch, … Read more

Monthly SIPs: Are we miscalculating our SIP goals, potential inflation impact, economic stability on long-term investments?

Monthly SIPs: Are we miscalculating our SIP goals, potential inflation impact, economic stability on long-term investments?

Many individuals in their 20s have begun investing in SIP (Systematic Investment Plan) without a deep understanding of financial concepts, often influenced by social media content or advice from friends. Through conversations with friends and acquaintances, I have observed a trend of individuals across various income brackets, from those earning Rs 20,000/month to Rs 1 … Read more