Investment Tips: Do you know that by saving only 100 rupees daily, you can put money in 20 years. For this, it is necessary to invest money in the right place. The smartest method is considered a Systematic Investment Plan (SIP). You can prepare a big fund in long term by applying money in it. The biggest advantage of investing in SIP is the magic of compounding, which automatically increases your money with time. In this article, let's know what is daily SIP and how it works, why it is a game Changer for small investors and how much can your money be increased in 20 years with an investment of 100 rupees daily ...

What is SIP and why is it necessary?

Systematic Investment Plan (SIP) is the easiest and smart way to invest in mutual funds. With this, you can make a big fund in the long term by investing regular small amount. The biggest advantage of this is that even small amounts can start investing from 100 rupees. In addition, SIP has liquidity, that is, you can withdraw your money if needed. The most important thing is that compounding power is associated with SIP investment. Over time, your investment increases on its own and in the long run this small amount also makes a big fund.

What is Daily SIP and how does it work?

Daily SIP is a process of investing in mutual funds, in which an amount is automatically investment in its chosen fund. It is different from regular SIP, which usually has a monthly or quarterly investment. Daily SIP gives investors a chance to invest small amount daily. Daily SIP is special for those whose income is irregular, such as freelancer, gig workers, or who want to increase their money without big investment. It is very easy to invest in it due to automation.

How much money can be made from SIP of ₹ 100 in 20 years?

total investment- 7,20,000 rupees

Estimated interest- 12% annual

Estimated return- 22,77,444 rupees

Total estimated corpus in 20 years 29,97,444 rupees

Necessary tips to start sip

• Choose mutual funds according to your financial round and risk. The choice of the right fund makes your investment strong and safe in the long term.
• Investment should be made regularly for success in SIP. Whether you take daily SIP or monthly SIP, regular investment works the magic of compounding.
• The real advantage of SIP is available when you invest in long term. The small amount can also become a big corpus over time.

Disclaimer: This article is only for information. There is no financial advice related to investment given in it. Always consult your financial advisor or mutual fund expert before investing.