Turn your small savings into big wealth! Discover how ₹1000 monthly can grow and what funds to pick. Your smart financial journey starts here.
Don't underestimate ₹1000! Consistency beats big one-time investments. Thanks to compounding, even this modest sum can snowball into significant wealth over time.
For beginners, Index Funds (Nifty 50) offer broad market exposure and low cost. Flexi-Cap funds provide diversification. Consider ELSS for tax savings with a 3-year lock-in.
1. Complete KYC. 2. Choose a platform (Groww/Zerodha Coin). 3. ALWAYS pick a 'Direct Plan' to save on fees. 4. Select fund, amount (₹1000), date & link bank. Simple!
Invest ₹1000/month at 12% p.a.: • 10 Yrs: ₹1.2L invested -> ~₹2.3L • 20 Yrs: ₹2.4L invested -> ~₹10L • 30 Yrs: ₹3.6L invested -> ~₹35L That's compounding magic!
1. Stopping during market falls (it's a discount!). 2. Chasing last year's top-performing fund. 3. Forgetting annual reviews. 4. Not stepping up your SIP as income grows. Stay smart!
Curious about your goals? Use our free SIP calculators to visualize your potential wealth and step-up impact. Start planning at sipplancalculator.in today!