Page 58 - Sip News Today

Reaching investment milestones necessitates grasping the impact of compounding, consistently investing a set amount, and plowing back returns into the investment. In the coming year, commit to consistently investing an adequate amount for a more financially secure future.

Remember, that the annual returns required to multiply an original investment depends on the investment vehicle as well as the investor’s risk tolerance

The inflows through SIP accounts stood at Rs 16,928 crore ($ 2 billion) in October, taking the total inflow to Rs 1.75 lakh crore in the past twelve months.

The average percentage of delivery value to traded value so far in FY24, until October, stands at 26.1% , the highest in six years.

“Investing in smallcaps is not an issue, but you come with the time frame of five years. If you come to the largecaps, assuming a three-year period, then smaller midcaps have to be for a longer period. Therefore, the money that comes for a longer term, we cannot deny it.”

The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. The advice given is based on the performance of the funds, the risk profile of the investor as well as his financial goals.

Downtown Wine Walk:  This Saturday, May 4th! On your “Must Not Miss” list, is the ever-so-popular Downtown Wine Walk – held the First Saturday of every month from 1- 5

Other meeting topics will center around district performance and student achievement.

“Do not ever do sector fund. However, on paper, you can see so much profit, but you will never be able to realize it. That is what data says. Second, do not get into funds which do not have three-year data. So, do not buy schemes which are one year old, six months old, NFOs. You have to base your decision on math.”

Where were you on Saturday? Did you wake up and go to breakfast at one of our many great restaurants, like Grandma Hattie’s, Red Hut, Adele’s, or at the café in Gold Dust West? Did you stay at one of our lovely hotels or bed and breakfast Inns?