Can you generate Rs 3.5 crore retirement corpus with monthly SIP of just Rs 3,000?
Zee Business Video Team | Updated: November 22, 2024 03:03 PM IST
SIPs enable investors to acquire units at a reduced average cost per unit. When the market rises, investors buy fewer units; when it falls, they buy more. Compounding increases your investment returns over time and promotes faster development. It generates larger profits and promotes investment growth over time. The initial deposits compound over time to form a considerable corpus.
