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For Indian savers, choosing the right long-term investment often comes down to balancing safety, tax benefits and returns. Two of the most popular options are the Sukanya Samriddhi Yojana (SSY) and Systematic Investment Plans (SIPs) in mutual funds. But if you set aside Rs 1.1 lakh over 15 years, which one gives you more? Sukanyya…
Sip vs sukanya samriddhi yojana: As Indian households increasingly look for long-term savings options, two popular schemes stand out for individuals and families planning financial security — the Sukanya Samriddhi Yojana (SSY) and Systematic Investment Plans (SIP) in mutual funds. With a hypothetical investment of Rs 1.1 lakh over 15 years, investors often ask: which…
New Delhi44 minutes ago copy link An investment of ₹100 per month through Micro SIP can become ₹23 thousand in 10 years. If you are planning to invest through mutual funds, but cannot deposit a large amount at once, then ‘Micro SIP’ (Micro-Systematic Investment Plan) can be a better option for you. Through this, you…
New Delhi47 minutes ago copy link If you are planning to invest in mutual funds but cannot deposit a large amount at once, then ‘Micro SIP’ (Systematic Investment Plan) may be a better option for you. Through this, you can create a fund of lakhs of rupees with a minimum investment of Rs 100 per…