![]() Investing involves risks & investments may sometimes lose value. In case your issue is not resolved, you can lodge your grievance to SEBI to or through the mobile app available here. Phone - +91 90225 22555 | Type of Registration- Non-Individual | Registration number- INA 000004773 | Principal Officer - Aayara Shaheer | Email id- | Phone- +91 90225 22555 | Corresponding SEBI Local Office Address - Securities and Exchange Board of India, Investment Management Department, Bandra-Kurla Complex Bandra, Mumbai 400051.įor addressing your complaints, you can send a mail on, or call us by phone on +91 90225 22555, so that we can solve your issues in 10 business days. Name of Investment Adviser- MobiKwik Investment Adviser Private Limited (Formerly Harvest Fintech Private Limited) | Address- 18th Floor, Cyber One, Opposite CIDCO Exhibition Centre Sector-30, Vashi, Navi Mumbai, Mumbai. They are a time-tested method for disciplined investing that yielded great results. Disciplined investing: SIP investments encourage discipline and regularity in investments.If you don’t have a lot of knowledge about the stock market, SIPs can be low-risk best alternative for all your future goals. Future goal planning: We’ve all got future goals - buying a house, a dream car, children’s education, retirement, etc.You also have the option of skipping a SIP if you have insufficient funds. You can choose the interval as per your financial ability. Convenience: It is fairly convenient to start a SIP investment.Isn’t that amazing? The amount you end up with can increase exponentially if you start investing a few years earlier. Assuming that the growth rate is 10% annually, your investment will be worth ₹ 63.8 lakhs on your 60th birthday. However, if you started investing on your 20th birthday, the ₹1,000 a month corpus would be worth ₹4.8 lakh over 40 years. If that investment grew by an average of 10% a year, it would be worth around ₹22.8 lakhs when you reach the age of 60. The quicker you start, the more compounding impact you can see.įor example, If you started saving ₹1,000 a month on your 30th birthday, in 30 years time you would have put aside ₹3.6 lakhs. Power of compounding: The money that gets invested regularly and systematically through SIPs is compounded over time through regular investments.Rupee-cost averaging nullifies the effect of short-term market fluctuation on your investments and hence, is considered to be one of the major factors for SIPs to be favourable for long-term investments. It helps you buy more units when the price is lower and fewer units when the price is higher. ![]()
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