When it comes to building long-term wealth, one of the most powerful tools investors have at their disposal is compounding. And when you combine compounding with Systematic Investment Plans (SIPs) in ...
A 0.5 percent cut in expense ratio can increase a Rs 10 lakh SIP's final corpus by roughly Rs 2 lakh over 20 years, solely due to reduced compounding costs.
Power of Compounding: SIP in mutual funds can be a parking spot for your money if you invest in a planned and strategic manner. In this write-up, we will calculate how much time you need to generate a ...