Oftentimes, investment experts urge us that regular investment in mutual funds can help us achieve long term financial goals with ease. Some of their claims and assurances are convincing but might appear too good to be true. So, what is the way out? Well, the more credible and empirical way to evaluate a scheme’s growth
Personal finance is the art of managing one’s money to achieve financial goals and maintain financial well-being. It involves budgeting, saving, investing, and making informed decisions about income and expenses. Essential aspects include creating a budget to allocate funds wisely, establishing an emergency fund for unforeseen circumstances, and strategically managing debt. Insurance and retirement planning
For long-term wealth creation in India, investing in mutual funds through SIPs (Systematic Investment Plans) has become one of the most prevalent and successful strategies. SIPs give investors the ability to systematically accumulate wealth by allowing them to invest a certain amount into the mutual funds of their choice at frequent intervals, usually every month.