Zerodha’s youngest customer is just 28 days old, after the infant’s parents opened a minor account and made the first investment a week later.

Zerodha’s youngest customer is just 28 days old, after the infant’s parents opened a minor account and made the first investment a week later.

The SIP date is often set around the time the salary is credited, allowing investors to take care of their investment before other monthly expenses.

Saurabh Mukherjea, founder and chief investment officer of Marcellus, owns up to past mistakes and says lessons have landed.

It is recommended to periodically review your portfolio to ensure that its returns are aligned with your expectations.

A Rs 25,000 monthly SIP can grow into a larger long-term corpus when contributions rise annually, with a 10% step-up helping investors put more money to work.

Assuming an annualised return of 12% for a mutual fund SIP, the Rs 10,000 monthly investment over five years would grow to around Rs 8.17 lakh.

If you already have a strong SIP portfolio, direct stock investments may be beneficial.

An SIP calculator can offer a useful snapshot of how regular investing and the power of compounding may build wealth over the years.

With a hypothetical 12% annual return, Rs 10 lakh invested at 30 could grow to about Rs 3 crore by 60, compared with Rs 96.46 lakh at 40.

A Rs 1 crore corpus left invested at 12% annualised returns could grow to around Rs 3.11 crore in 10 years, without any further SIP contributions.

SIP contribution for August stood at a record high of Rs 32,297 crore, a rise from Rs 31,961 crore in July.

Going from Rs 5 lakh to Rs 1 crore depends on disciplined saving, regular investments and compounding, with investment returns playing a bigger role as the corpus grows.