Give your SIP's(Systematic Investment Plan) time and it will do its Work.
- Sreekanth Pillai
- May 30, 2020
- 1 min read
Systematic Investment Plans are Even Monthly Contributions made in to a Mutual Fund.
- Making Money in Equity is SIMPLE but not EASY
- Just relax, continue your SIP and let the magic happen over time
- You were any way not hoping to double your money through SIP in 2 or 3 years!!
Key Points to Note
There is absolutely no need to time the market for a SIP (Systematic Investment Plan)
Keep the contributions going irrespective of falling markets because that's the time . you could buy units cheap.
In a 20 year SIP more than 50% units bought in initial 5 years, which means that when the market is cheap you benefit more.
Over 20 years a monthly contribution of INR 10000 (total 24lakhs in 20 years) can easily give a realistic return of more than INR1.5 crores
Work with a professional advisor to choose the right funds and guide you through
For more information /guidance in starting an SIP in Indian MF please ping me @ 050 3963193
Sreekanth
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