Investing Smart

1. Start Early Compounding is a powerful force in this facility, which essentially means growth upon growth. By investing a fixed amount every month it’s not just the amount invested every month that has the potential to grow, but the growth on the previous monthly installments as well. Example: January January Growth + February January Growth + February Growth + March The earlier you start, the longer you can invest, the greater you can earn.
2. Invest regularly It is advised that you continue the race like a tortoise – Maintain a consistent pace and not stop. This can help you manage market volatility, as it lets you average out the cost of your investments over time (A concept called rupee cost averaging).
3. Invest the right amount The big question that arises is how can you calculate the right SIP amount? All you have to do is answer three simple questions:
   a. What is my goal? (Example: To buy a dream house that would cost me Rs.4000000)
   b. How much do I expect to earn? (Example: I expect a 12.5% rate of return per annum)
   c. By when, do I want to reach my goal? (Example: I see myself buying this house in 15 years)

Once you answer these questions, our SIP calculator will help arrive at the right amount for you that can help you achieve your goals.

Reasons SIP is a SMART choice for your investments

Specific: SIPs can be very specific to the financial goal you target
Measureable: SIPs showcase their performance every month, thus giving you a status on how your investments are fairing
Attainable: SIPs allow you to invest in small amounts regularly, slowly directing towards attaining your big dreams
Relevant: SIPs allow investments in Mutual Funds that provide a wide basket of schemes to select from based on their relevance to the Investor’s financial goal
Timely: SIPs work on the principle of being timely; one needs to keep aside a set amount of money every one period

Today seems like a good day to start your first SIP.

This article should not be considered as 'investment advice'. We request the Reader to make informed investment decisions and consult their financial advisors to determine the financial implications with respect to investing in Mutual Funds.