Planning your daughter’s financial future? Explore the differences between a Systematic Investment Plan (SIP) and Sukanya Samriddhi Account (SSA) with an annual investment of Rs 1.5 lakh over 15 years. Understand their benefits, maturity values, estimated returns, and tax advantages. SIP offers flexible, market-linked growth, while SSA ensures guaranteed returns with tax exemptions. This guide helps you decide which option is better for securing your daughter’s education and long-term financial goals. Make an informed decision for her brighter future!
SIP vs Sukanya Samriddhi: Rs 1.5 lakh/year investment each year for 15 years; which can create a larger corpus
Compare SIP and Sukanya Samriddhi schemes for your daughter's future. Discover which investment creates a larger corpus with Rs 1.5 lakh annual investment over 15 years. Learn about returns, maturity value, tax benefits, and account features. Plan wisely for your child’s education and secure her financial future effectively.
ZeeBiz WebTeam | Nov 25, 2024, 03:02 PM IST
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Systematic Investment Plan (SIP)
Investment Method:
- A fixed amount is invested in mutual funds at regular intervals.
- Suitable for small, periodic investments instead of a large one-time sum.
