
SIP, representative image
In 21st century financial planning and investments are one of the most important things of this modern world, everyone wants to earn maximum returns on their investment due to which people explore new investment options from traditional FD to crypto currencies and NFTs. The most important thing while making an investment is that your hard earn money is safe and your investment is regulated by an authorized and trusted body.
Modern investment options like crypto may give you jaw dropping returns, but the same jaw dropping moments can be recreated in loss. The crypto market is highly volatile and unregulated. On the other hand, traditional investment methods like FD give a small and unsatisfied return.
Here comes a safe and good option that can give you much better results than FD, and it is regulated by trusted government body SEBI. You can invest your hard money in SIP that is a Systematic Investment Plan in which you invest a fixed amount periodically in mutual funds.
SIP is Systematic Investment Plans which have become the backbone of Indian retail investment in recent years, and everyone is discussing this method. In SIP, investors have to invest a fixed amount every month in mutual funds. Investors have many options of indexes in which they can invest depending upon their interest and previous track record of that index. One should do detailed research or should take advice from an expert before investing so that their money can give a maximum return. Investing money without proper knowledge can be dangerous.
There are many mutual funds and indexes in which one can invest their capital. Some popular options are:
SBI Bluechip Fund
HDFC Flexi Cap Fund
DSP Flexi Cap Fund
Nippon India Small Cap fund
Quant Small Cap Fund
To understand more about SIP and how it works and what kind of results you can see and how it is better to many traditional options.
Suppose if a person invests Rs.2000 every month and earns an annual return of 15% which is practical in SIP so if he keeps investing the same capital that is Rs.2000 so in next 13 years his total corpus will be of Rs.10 lakh. The total invested amount will be Rs. 3,18,000. Whereas on the other hand if this amount was invested in traditional FD, then total return after 13 years will be just Rs. 7,21,061.
Bonvalot's dream run continues, Colapinto stellar in Peniche
VIDEO SHOWS: MEO RIP CURL PRO PORTUGAL SURFING HIGHLIGHTS RESENDING WITH COMPLETE SCRIPT SHOWS: PENICHE,…
Top global climate science body meet ends without deal on review timeline
By Sudarshan Varadhan and Kate Abnett Oct 16 (Reuters) - The meeting of the members…
CoreWeave bond rout tests market's math on AI buildout
By Suzanne McGee and Gertrude Chavez-Dreyfuss PROVIDENCE, Rhode Island/NEW YORK, Oct 16 (Reuters) - A…