Sip

#8
Hi guys...I think investing in mutual funds is the first thing that comes to our mind when we think about SIPs however it involves a hefty management fees and the risk stays intact...!! Therefore, I thought of doing this SIP in Indian stock markets by investing in Nifty every month. All you need to do is buy Nifty every month like a recurring deposit. Historically speaking, Nifty has never given a negative return on a 10 year rolling basis. Hence if you begin by investing 1 lac and then buy Nifty for 5000 every month, you would end up making almost 75 lacs at the end of 20 years.

Calculations are based on historical returns. You also save the management fees and administrative charges paid to the fund managers.

I Hope my friends would benefit from the above information...