Wealth creation
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Investing
Mutual Fund Investing: SIP vs. Lump Sum – Choosing the Right Path for You
Investing in mutual funds offers the potential for long-term wealth creation and achieving financial goals. But when it comes to how you invest your money, two main options emerge: Systematic Investment Plans (SIPs) and lump sum investments. Each method boasts its own set of advantages and disadvantages, and the optimal choice ultimately depends on your individual circumstances and risk tolerance.…
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Money
Axis Mutual Fund Introduces Manufacturing Fund
Axis Mutual Fund unveiled its latest offering on Wednesday – the ‘Axis India Manufacturing Fund.’ Scheduled to kick off on December 1, 2023, and run until December 15, 2023, the open-ended equity scheme is set to be benchmarked against the Nifty India Manufacturing TRI. The fund’s primary objective is to achieve long-term capital appreciation by strategically investing in companies operating…
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Money
Unlock the Golden Gates to Wealth Creation: Harnessing the Power of SIPs
Q:What will be the potential returns after 20 years if I invest Rs 1,000 per month in a Systematic Investment Plan (SIP)? Additionally, which mutual fund is recommended for maximizing returns over this 20-year period? Thinking about investing in a SIP? That’s a great idea! SIPs are a fantastic way to grow your wealth over time. Here’s a quick rundown…
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