How Many Years to Reach Rs 3 Crore with SIPs of Rs 4,000, Rs 5,000 & Rs 6,000? Power of Compounding
Zee Business Video Team | Updated: November 5, 2024 05:06 PM IST
People often underestimate the power of a small investment amount. They think if they are to invest, they should plan it with a large amount to build a huge retirement corpus. This is true but sometimes to practice it, one might find an excuse, such as their budget doesn’t allow them to save a large amount for investment and so on. Therefore, we will explain to you why is it significant to start early and how can an investor reach a Rs 3 crore retirement corpus by investing Rs 4,000, Rs 5,000, or Rs 6,000 through monthly SIP.
