MF Query: Rs 50,000 SIP per month with 10% step up can create nearly Rs 5 crore corpus in 15 years
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Not only do SIPs help in averaging out investments, but it also helps build discipline towards savings and investments
For a mid-term horizon it is important to prioritise maintaining a balance between risk and return
The alignment of investments to goals is of paramount importance. It is crucial to review the portfolio in relation to goals and take any corrective measures if need be
The Interim Budget 2024 made no big-bang announcements, but it continued its focus on infrastructure upgrades and building connectivity across the country