SIP Calculation at 12% Annualised Return: Rs 30,000 monthly SIP for 10 years, Rs 15,000 for 20 or Rs 10,000 for 30, which can make you a crorepati?
SIP & Compounding, Why Long Term Investment Matters: A systematic investment plan (SIP) enables an investor to direct their surplus cash gradually towards a mutual fund of choice. It allows the investor to not only stay committed to their long-term investment strategy but also to maximise the benefit of compounding. For the unversed, compounding grows