How to make Crores (Millions) using SIP Model

Systematic Investment Plan (SIP) allows investors to invest a fixed amount in a mutual fund scheme regularly. Many people didn’t know about it, but its popularity has increased in the past few years, and now, every wise person is ready to secure his/her future through SIPs. Let us tell you how you can make crores (millions) using SIP model.

SIP for Professionals

How SIPs got recognition among individuals?

SIPs are getting famous from the last few years because of demonetization, and individuals unveiled the benefits of SIP and mutual funds. Though many investors were already familiar with the Systematic Investment Plans, still individuals found out more about it from Amfi’s Mutual Fund Sahi Hai campaign.

SIP is a tool that encourages investors/traders to invest consistently in a mutual fund scheme, and it also makes it possible for you to decrease or increase the investments in those schemes over time. It also discourages lump sum investment so that salaried traders can invest, too.

Why should you invest through SIPs?

We can give you some reasons for investing in mutual funds through SIP.

Firstly, it will bring financial stability and discipline in your life. Secondly, you can invest regardless of market index level, etc. Moreover, by using the SIP model, your investments will automatically invest in a scheme without doing anything.

How to make Crores using SIP model?

Mostly the returns on SIP equity mutual fund are in between the range of 12 to 18%, but let’s assume the average SIP returns in 20 years will be about 12% annually. As per the assumption, you will get 1.9 crores in 20 years by investing 20,000 per month. Isn’t it great to know that you will get returns in millions after spending just twenty thousand monthly? We are sure it is, but let us tell you how can this happen. Well, your actual investment in twenty years would be 20 years = (20,000 Rs) x (12) (investment per annum) x (20) (investment over a period) = 48 Lacs. The returns on your actual investment will give you 1.9 crore with a fixed amount of 20,000 per month, but you can even increase your investment every six months or annually as per your suitability.

Moreover, you can also create a portfolio of mutual funds by investing 20,000 monthly through SIP, but make sure to not have lots of them (only 2 to 4).

You can invest by choosing any of Large Caps Fund, Balanced Fund, Mid & Small Caps Fund, Multi-Cap Fund, and more. There will be plenty of combinations for you to invest your 20,000 per month, so pick wisely.

Enquiry Form For SIP Investment with Zerodha or ICICI Securities or Kotak

Different Types of Mutual Funds in India

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World’s Top 10 Share Trading Based Books To Buy

There is a good percentage of individuals who are addicted to the morning newspaper only to check out the stock market. Do you wait for business news to confirm the next possible jump in shares? Are you worried about your investment in the stock market? Don’t be worried anymore, if you want to do intelligent investment in the stock market. To enhance and improve your knowledge and wisdom in the shares market here are some of the great books which will make your dreams a reality;

1. The Intelligent Investor

This book is written by Benjamin Graham and Jason Zweig. This book is about definitive value investing.

2. How to Make Money in Stocks


This masterpiece is work of William O’Neil. This book is all about minimizing risks and maximizing gains to increase the efficiency of investments.

3. When to Sell

When To Sell

Authored by Justin Mamis. The title of the book is a clear reflection of what the book is all about. It gives basic guidelines on when an individual can sell his/her stock and make maximum profits out of it.

4. Irrational Exuberance

3rd Edition Revised and Expanded by Robert J. Shiller. It is one of most elaborative books that will help you understand the idea of shares and their prices.

5. Stock Investing for Dummies

This great book is written by Paul Mladjenovic. As a newbie, it is easy to get lost in this complicated venture. Therefore, Stock Investing for Dummies is a great quick guide for investors who want to step into the stock market.

6. A Random Walk Down Wall Street

This book is written by Burton.G.Malkiel.This highly engaging book clearly outlined the idea of indexing in a risk-taking and unpredictable world of the stock market.

7. Market Wizards

Updated The author of this great work is called Jack.D. Schwager. If you want to achieve great success in the stock market investment then this is one of the books that can open that door of success.

8. Stocks for the Long Run 5/E

Written by Jeremy.J.Seigel. It clearly explains the financial market returns and long term investment strategy in the shares market.

9. Common Sense on Mutual Fund.

common sense of mutual funds

This is the work of John C. Bogle. I know this name is familiar, due to his numerous writings on the stock investment. In this book, he explains the ongoing storms on the stock market, their implications and how to go through it.

10. One Up on Wall Street

This book basically explains how an investor can utilize what he /she already has to maximize profits in the stock market. This booth is written by Peter Lynch.

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Basic Tax Exemption Limit Chances 2019 Budget

As the apt saying goes “Rumors are like ripples in a cornfield. They are ephemeral, but they do indicate which way the wind is blowing”. Speculations are running rife that the government might consider major tax cut within its 2019 interim budget and also consider increasing the basic tax exemption limit ahead of the general elections.

Tax Exemptio

When Narendra Modi’s administration unveiled their first budget for India, it was a clean clear harbinger better future. Everyone was happy by the budget due to its consideration in increasing the basic tax exemption limit and tax deduction under section 80C. Surprisingly enough subsequent budgets have not been citizen friendly budgets. For example, the surcharge of 10% on income above 1Rs core increased from 12%-15% in 2015. The one that left peopleconfused was last year’s 10% tax on LTCG from Equity investments above Rs 1 Lakh in a year.

With few weeks left to the interim 2019 budget, there are high expectations of citizen tax-friendly budget. Though for some these expectations to take effect then a lot of amendments must be done to section 80C to review some of the laws. But truth be told increasing basic tax exemption limit is difficult since it may lead to a tax loss of the exchequer. It was ascertained that every Rs 10,000 increase in the basic tax exemption led to a tax loss of approximately Rs 2,000crore for the exchequer. An increase in the basic tax exemption limit is the only way to benefit all taxpayers.

Income Tax Slabs 2018 | India

 

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