Fri, Dec 20, 2024
Let’s find out how the power of compounding can help individuals build Rs 5 crore corpus with monthly investments of Rs 7,000, Rs 9,000, or Rs 12,000.
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Mon, Dec 09, 2024
Starting early gives your investments the longest time to grow. For example, if you start investing just Rs 500 in a monthly systematic investment plan (SIP)at the age of 18. By the time you reach 58, you may have a large amount of retirement corpus to enjoy financial freedom. Small savings can turn into a huge amount later. Let’s understand it in detail.
Let’s find out how the power of compounding can help individuals build Rs 6 crore corpus with monthly investments of Rs 6,000, Rs 10,000, or Rs 15,000.
Thu, Jul 18, 2024
Compound Interest/Growth: Mutual fund SIP investment, National Pension System (NPS), Employees' Provident Fund (EPF) and Public Provident Fund (PPF) are some of the schemes that offer compound interest or growth and where you can invest for 30 years or more.
Tue, Jun 25, 2024
SIP Returns: Investment instruments involving compound growth can increase you invested amount faster as time passes. A small amount, such as a Rs 2,000 monthly SIP, can grow into many crores in the long run.
Mon, May 27, 2024
SIP Returns: In investment options that provide compound interest/growth, duration of investment matters a lot. Even if your investment amount is small, but the duration is long, you can build a corpus which may run into several crores. The 70:15:15 investment strategy encourages one to invest 15 per cent of their earnings monthly. If one invests that fraction of their income regularly, in the long run, they can build a significant corpus.
Tue, Dec 05, 2023
A number of investment schemes, such as equity-linked mutual funds, equity-linked saving schemes (ELSS), Public Provident Fund (PPF), fixed deposits (FDs) and life insurance, offer compound interest. If one makes an investment for a long duration, they can get good compound interest on it.
Mon, May 16, 2022
The 15*15*15 rule is one of the most basic rules that can help an investor become a 'crorepati' or millionaire. The rule states that if you invest Rs 15,000 per month for a period of 15 years in a stock, the stock can offer you an annual interest of 15%. Here is all you need to know about it.
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