New Delhi: Investing money and making more money out of it is an art. These days, small savings initiatives like SIP of Rs 250 are making investing easy for the people, the panic in stock market fluctuations or lack of control over expenses, continue to pose a big challenge. Financial expert and CEO of Value Research Dhirendra Kumar inform you about how small savings, long term strategy and the habit of investing against one’s will help an individual create a strong financial base for the future.
In today’s era, people’s interest in investing is increasing, but it is not that simple. Dhirendra Kumar says that investing is not just a matter of investing money, but it is a matter of developing discipline and habit.
SIP of Rs 250: A step towards change
SIP of Rs 100 was already available in the market. Now, SIP of Rs 250 is being launched and promoted, so that small investors can also get access to Mutual Fund investment. Thuis form of SIP can be helpful in creating a habit of investing.
Advocating for Rs 250 SIP investment scheme, Dhirendra Kumar, said in the past there were schemes like school savings schemes, where children were made to learn how to save by investing small amounts of money. In the same way, SIP of Rs 250 can help small investors to gradually build wealth, he opined. He said the particular investment type is beneficial for people having limited income.
Kumar believes that in the coming 5-10 years, Indians will be more adapted towards investing and not only saving. The introduction of Digital facilities like smartphones and UPI has made access to financial services easier which enables people to invest quickly.
Financial expert Dhirendra Kumar advocates for the Rs 250 SIP investment scheme, highlighting its role in cultivating disciplined saving habits and building long-term wealth. Personal Finance Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today