In today’s financial climate, the dream of becoming a millionaire seems elusive for many, primarily due to a lack of clear direction and guidance. However, contrary to popular belief, building wealth doesn’t require a large initial amount.
A simple monthly investment through Systematic Investment Plans (SIPs) of just Rs 100 can build a substantial corpus over time.
The concept might appear modest, but the strength of SIP lies in its simplicity, regularity, and minimal initial investment. Over the years, even a tiny monthly contribution of Rs 100 can grow significantly, leveraging the power of compounding.
For instance, if one invests Rs 100 per month for 25 years at an approximate annual return of 12%, they will accumulate around Rs 1,40,221 in interest, bringing the total return to Rs

News 18 India Business

Raw Story
WFMJ-TV
The List
MLB
People Travel
People Food