Learn the basics of investing in mutual funds for long-term wealth creation. Discover the advantages of mutual funds, how to choose the right fund, invest through SIP, and monitor your investments. Read on for a beginner’s guide to mutual funds and start your investment journey today.
Margin Of Safety Index helps to determine the right time to invest in a fund. SmartSIP applies the buy low – sell high rule using MosDex
For those who haven’t started their investing journey yet, SIP or Systematic Investment Plan in mutual funds is the best way to start.
SIP allows you to start with as little as Rs 500 per month. Gradually as your confidence improves, you can start investing more.
This plan outlines how you can become a millionaire 10 times over in a span of 12 years.
After my last post on “The Secret to Build a Comfortable Retirement Income or Passive Income”, I received questions from some of my concerned readers. They said, “We don’t have that kind of money to invest right now to generate passive income. What should we do?”
An equity linked savings scheme (ELSS) is a form of diversified equity fund. ELSS investments are eligible for tax exemption under section 80C of Income Tax Act.
there is a secret to make long term SIP successful and that is, you avoid timing the market. Put simply, it means that you are not looking for an opportune time to invest, rather you are deciding to stay invested across multiple market cycles.