'Step-up SIP’ helps you to invest more money incrementally, like say when you get an annual salary hike. It converts your SIP from a marathon to a sprint. Under most circumstances, the 'step-up SIP' generates higher returns than the ‘normal SIP’, data shows.
Mutual funds are a power vehicle to participate in the equity markets. Well-managed schemes have proved with their long-term track records that wealth can be built over the long term
India’s total gold medal tally before this Paralympics was a mere 4. This year alone, we won 5 golds, 8 silvers, and 6 bronze medals. While the Paralympics are a testament to the resilience, spiritedness, patience, and commitment of our athletes, there are some underlying insights for all of us to adhere to when it comes to winning handsomely in the stock markets as well!
Today, almost everything is available on zero percent interest rates. But are these schemes genuine? There are always some kind of hidden fees involved in such schemes like processing fee, service charges, etc. Financial expert Gaurav Mashruwala advices investors to start a SIP to fund such special expenses like buying car or handset etc.
SIP is an effective investment vehicle offered by mutual funds that enables investors to save regularly. It also prevents pitfalls of equity investment and still enjoy high returns. Financial expert Vatsal Shah tells investors on why they should continue with their SIP in current volatile market condition.