Personal Finance / Zee Biz
Are you planning to invest in SIPs in 2025? Avoid these 5 big mistakes that can impact your savings. Read to learn how to grow your money step by step with a consistent and disciplined investment strategy.
Power of Compounding: An SIP or systematic investment plan is a popular way of investing in mutual fund schemes of choice, as it enables investors to direct their cash towards a desired equity-related scheme gradually. In this article, let's look at three scenarios to learn about the role time plays when it comes to compounding.
Power of Compounding:An SIP or systematic investment plan is a popular way of investing in mutual fund schemes of choice, as it enables investors to channelise their surplus funds towards a desired equity-related scheme gradually. This way, the investor does not have to arrange funds at a single time. Multitudes of salaried individuals find SIPs both convenient and practical for investing in their favourite mutual fund products, in contrast to lump sum investments which require a large pile of s