Many Indians balance dreams of owning a new home with hopes for a secure retirement. The EMI versus mutual fund SIP debate is widespread. India’s retail loans exceed ₹50 trillion1, comparable to the country’s total mutual fund assets. However, the immediate effect of EMIs and SIPs on the common man’s wallet is quite the opposite.
EMIs: Building Assets, Shouldering Debt
EMIs as a financing option arrived in the late 1980s and early 1990s. Rising incomes and global exposure spurred consumer aspirations for assets like cars and homes. Instead of focusing on the Maximum Retail Price (MRP) of goods, EMIs caught the public imagination as they made costly items affordable through monthly payments.
هذه القصة مأخوذة من طبعة August 2024 من Outlook Money.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة August 2024 من Outlook Money.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Tax Reforms: What's In Store?
The government is working on reforming the existing Income-tax Act, 1961. The impending reforms have raised many questions in the minds of taxpayers. Will the old regime and deductions be done away with? Will it really simplify your life? What's the need for these reforms? We try to answer these and other questions regarding tax reforms
5 Questions That Will Lead You To The Right Financial Planner
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Health Insurance Sub-Limits
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Delayed Gratification, Humility, Understanding Inflation And Risks Key To Financial Success
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Avoiding Common Pitfalls through Asset Allocation and Multi-Asset Investing
Just as you track the calories and nutrients for a well-balanced diet, you need a balanced portfolio that has multiple assets to balance the risks and returns.
Mutual Funds for Financial Growth
Mutual funds allow you to invest in small amounts and seize the compounding growth, and experts help tackle volatility and asset allocation, making them a potent tool to create wealth.
Multi-Asset Investing is The Financial Equivalent of A Well-Balanced Diet
Just as you track the calories and nutrients for a well-balanced diet, you need a balanced portfolio that has multiple assets to balance the risks and returns.
Theme and Triumph: How Thematic Funds Can Boost Your Bottom Line
Thematic funds target high-growth opportunities in various industries and economic sectors, allowing investors to participate in future-focused segments to generate long-term returns.
Wealth Creation Through SIP - The Slow & Steady Road to Success
For investors seeking to create long-term wealth, SIPS are a powerful tool that enables regular, disciplined investments to generate compounding returns.
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