Home / BUSINESS / Why should you start a SIP today itself?
Why should you start a SIP today itself?

Why should you start a SIP today itself?

What is SIP?

SIP works on the principle of regular investments. It is like your recurring deposit where you put in a small amount every month. It allows you to invest in a MF by making smaller periodic investments (monthly or quarterly) in place of a heavy one-time investment i.e. SIP allows you to pay 10 periodic investments of Rs 500 each in place of a one-time investment of Rs 5,000 in an MF.

Do you know what will be value of Rs. 1,000 per month @ 8% and 15%, if invested through SIP?

(FIgures in brackets is the amount invested) and next two figures are value of the invested amount at the end of the term if compounded @ 8%/15%.

After 5 yrs (60000)
73, 450/ 88,575

After 10 yrs (120000) 1,81,372/2,752,71

Comments

About Yash Dugar

Yash Dugar
Yash is a passionate entrepreneur who is the Founder of Investment Research firm named CREALTH RESEARCH! Being a NISM Certified Investment Advisor he has done GFMP course from BSE Institute and a CFP in making. He has also been the curator of TEDxBESC & is a die heart social worker actively working with two NGO's namely Yahvi & Tiljala Shed. Can be reached at [email protected]

Check Also

RPG Blizzard Reinvents B-School Competitions; Goes Digital this Year

RPG Blizzard Reinvents B-School Competitions; Goes Digital this Year

RPG Blizzard, one of India’s most sought-after business school contests backed by RPG Group, has …

Leave a Reply

Your email address will not be published. Required fields are marked *

Postman,Postman News,Postmannews,Piyush Goyal education,Suresh Prabhu education