Rs 5,000 monthly SIP investment for 30 years vs Rs 17,500 monthly SIP for 20 years
If you are investing to achieve your financial goals such as retirement, the investment duration needs to be long. With that, even if you start with a small amount and gradually increase with your income rise, you can generate a larger corpus against someone who begins with a large amount but wants to invest for a short duration.
Written By: Zee Business Video Team