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From Zero to ₹5 Crore: A Practical Guide to SIP Investing
Building a ₹5 crore corpus through Systematic Investment Plans (SIPs) is achievable, but hinges on several key elements: investment timeframe, monthly contribution, anticipated returns, and consistent investing. Here’s a breakdown: Investment Timeframe: Starting early is crucial. The longer your investment horizon, the less you need to invest monthly thanks to compounding. For example, someone starting …