SIPs: ETMarkets Smart Talk: Consistent rise in SIPs reflect the crorepati dream of retail investors: Sanil Kumar KV
Sanil Kumar KV says: "The surge in SIPs reaching Rs 17,000 crore in 2023 reflects a growing awareness among retail investors about the power of compounding. Salaried individuals should consider continuing SIPs until retirement, leveraging technology to start early, and benefit from the ease of accumulating wealth through consistent and disciplined investment practices. This approach aligns with the crorepati dream, emphasizing the significance of long-term financial planning."
Source: indiatimes.com