In India, there are two well-liked strategies for saving/investments over a longer time horizon; “Systematic Investment Plans (SIP)” and “Recurring Deposits (RD)”. Let’s understand RD vs SIP. What is RD? RD is a savings plan that requires monthly payments. We can start in Banks or Post Offices. In RD, you invest some money (as you...Read More
Although the term “inflation” frequently makes news, what does it actually imply for your hard-earned money? What’s more, how does it damage your investments, and what can you do to safeguard your future earnings from it? We’ll explain the impact of inflation on your investments in this blog and offer some solutions. Understanding Inflation: The...Read More
Systematic Investment Plans (SIPs) have gained immense popularity among investors looking to grow their wealth steadily over time. However, there’s an advanced version of SIP called the “Step-Up SIP” that allows investors to take advantage of increasing their investments gradually. In this blog, we’ll explore the intricacies of Step-Up SIP, how it works, and why...Read More
AMFI (Association of Mutual Funds in India), has published a data, which reveals, F.Y. 2022-23 and within the FY, month of ‘March 2023’ witnessed highest SIP amount contribution in last 7 years. It is appreciated that the investors are getting aware of the SIP route of investment and investing in the market through systematic way....Read More
Discipline As the name says, the investment in an SIP is systematic. Investing through SIP inculcates discipline. In an SIP a fixed amount is deducted every month from your account and invested in your selected fund. No Timing the market SIP is a periodic investment which occurs across market cycles. SIP is not free from...Read More
How is your Financial Foundation Strong? In the post ‘Financial Stages of Life – Which stage you belong to?’ I tried to relate real-life stages to Financial Life. So a Childhood is a basic stage when one needs to set a strong foundation. We call the beginning stage of Financial Life as Foundation Stage. This is a stage when...Read More
