I’m 31, and living in a rental house. How can I build a Rs 40,000 monthly income by 45 through mutual funds investing?

I’m 31, and living in a rental house. How can I build a Rs 40,000 monthly income by 45 through mutual funds investing?

Would appreciate your guidance on my SIP. Here are the details of my current SIP contributions. I am 31 years old, debt-free, and living in a rental house. I’m not interested in purchasing an expensive home. My main goal is to secure at least ₹40,000 per month after I turn 45 or 50. Could you … Read more

‘Micro SIPs are better than chit funds, unorganised credit societies’: Experts on Sebi’s Rs 250 SIP plan

‘Micro SIPs are better than chit funds, unorganised credit societies’: Experts on Sebi’s Rs 250 SIP plan

Mutual Funds and small SIPs: Investing in mutual funds is often viewed as a more secure option compared to the stock market due to its diversified nature and professional management. Systematic Investment Plans (SIPs) serve as popular investment tools within the realm of mutual funds, aiding individuals in attaining financial objectives at various junctures of their … Read more