Mutual Find : Is SIP - Systematic Investment Plan only meant for small investments?
Systematic Investment Plan (SIP) as it is commonly known, is the one of the most proficient and powerful tools to build wealth through mutual funds.
A SIPs essentially a wealth building tool. By 'wealth building', we mean an investment option that, if you invest regularly in it, could help you build a sizeable corpus in the long term.
This stands true whether you invest Rs. 1,000, Rs. 10,000 or Rs. 1 lakh regularly over the long term.
To understand it better, let's look at an example of 3 different SIPs of Rs. 1,000, Rs. 10,000 and Rs. 50,000 invested per month.Is SIP only meant for small investments?
Systematic Investment Plan (SIP) as it is commonly known, is the one of the most proficient and powerful tools to build wealth through mutual funds.
A SIPs essentially a wealth building tool. By 'wealth building', we mean an investment option that, if you invest regularly in it, could help you build a sizeable corpus in the long term.
This stands true whether you invest Rs. 1,000, Rs. 10,000 or Rs. 1 lakh regularly over the long term.
To understand it better, let's look at an example of 3 different SIPs of Rs. 1,000, Rs. 10,000 and Rs. 50,000 invested per month.Is SIP only meant for small investments?
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