Many people often believe that they need a large sum of money to start investing. In fact, you do not. With SIP, everybody has the freedom to get rich if one is patient, disciplined and focussed.
SIP by sip
The best way to build wealth is by keeping aside a small amount every month before you start to spend. If you are in the early stages of your career, it does not even matter how much that amount is. One can start with even ₹1,000 a month.
There are 2.98 crore SIP accounts that bring ₹8,500 crore a month. Put together, SIP investors have so far created SIP wealth of ₹3.17 lakh crore. SIPs are today the preferred way for both small and big investors thanks to the convenience: monthly saving, rupee-cost averaging, optimal risk-reward balance, and superior wealth creation potential.
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