Invest every month for years - MF SIPs

As you invest every month for years, look for a healthy rate of return

Most people want to be a crorepati because they want to spend like a crorepati. But, if you did so, you would never become a crorepati in the first place. The first principle of becoming wealthy is to have patience to see your money grow. Most wealthy people around you accumulated the wealth over a long period of time. There would always be a small percentage of people who became wealthy overnight, but they are the exceptions.

It is the drops that make an ocean.This adage holds good for creating wealth too. Small investments done periodically over a long period of time accumulate to become a large sum of money. What you then need is a healthy rate at which your periodic investments are compounding.

SIPs in equity funds provide you both, the discipline to invest regularly and a healthy rate of growth. In India, in the last 20 years, the sensex has generated a return of more than 15%. If one invested even Rs 5,000 per month for 25 years, at 12% average annual rate, it would grow to around Rs 1 crore. However, if the return was 15%, the corpus would be 1.5 times more.

You can follow a few more techniques.

Always remain invest ed in equity funds. Do not time the markets.

Increase the SIP amount annually.

Monitor the health of the funds vis-à-vis the index. Do separate SIPs for each goal. Pick up 4-5 funds so that your portfolio has enough diversification.

-----------------------------------------------

Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

Top 10 Tax Saver Mutual Funds to invest in India for 2016

Best 10 ELSS Mutual Funds in india for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Religare Tax Plan

4. DSP BlackRock Tax Saver Fund

5. Franklin India TaxShield

6. ICICI Prudential Long Term Equity Fund

7. IDFC Tax Advantage (ELSS) Fund

8. Birla Sun Life Tax Relief 96

9. Reliance Tax Saver (ELSS) Fund

10. Birla Sun Life Tax Plan

Invest in Best Performing 2016 Tax Saver Mutual Funds Online

Invest Online

Download Application Forms

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

---------------------------------------------

Leave your comment with mail ID and we will answer them

OR

You can write to us at

PrajnaCapital [at] Gmail [dot] Com

OR

Leave a missed Call on 94 8300 8300

-----------------------------------------------