
There are so many goals to achieve in life, for which a large amount of money is required. Systematic Investment Plan is the solution, it helps us in achieving our various life goals, SYSTEMATICALLY.
SIP is considered to be the best way of achieving financial goals because of the Brahmastras it possesses:
Power of compounding
Assuming a rate of return of 15% what would be the value of Rs 1 after
5 year | 10 years | 15 years | 30 years |
Rs 2 | Rs 4 | Rs 8 | Rs 64 |
Therefore, the thumb rule benefit from the power of compounding is Start EARLY Give maximum time to your investments to get the most out of the "POWER OF COMPOUNDING".
With SIP, the investor gets more units when the price falls and less when price rises. At the end of the day, the cost per unit is averaged out.
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