Financial Planning

Friday, June 21 2024
Source/Contribution by : NJ Publications

Mutual funds are financial intermediaries that enable millions of small and big investors across the country to engage in and benefit from the capital market. Since its inception in 1963, the mutual fund industry in India has seen tremendous growth and development, reflecting the evolving dynamics of the country's financial landscape. Mutual funds have today become one of the most popular financial instruments used by both retail and institutional investors to meet various financial needs. This industry has expanded enormously in all aspects, including assets under management (AUM), number of schemes, mutual funds, fund houses, etc.

The Indian mutual fund industry is one of the fastest-growing markets in the world, with the mutual fund industry's AUM multiplying more than 6-fold in the past decade to Rs. 53.4 lakh crore as of March 2024, from Rs. 8.25 lakh crore in 2014. There are around 45 mutual fund houses in India, but the top 10 fund houses or AMCs manage around 78% of the total mutual fund assets, according to the data by ACE MF.

The financial year 2023-24 (FY 2024) turned out to be a standout year for the Indian mutual fund industry, marked by impressive growth, dynamic upheavals, and evolving investor preferences. Below are some of the milestones that mark FY 2024 to be a blockbuster year for India’s mutual fund industry.

Remarkable Growth in AUM

The recent milestone of crossing Rs. 50 lakh crore in AUM for the first time in history, demonstrates the resilience of the industry and its key role in building long-term wealth. AUM witnessed a remarkable surge by nearly Rs. 14 lakh crore, reaching a record high of Rs. 53.40 lakh crore as of March 2024 compared to Rs. 39.42 lakh crore as of March 2023.

This astounding growth rate of over 35% marks the highest since fiscal 2021, driven by robust market performance, increased participation of individual investors and evolving investment strategies.

Broadening of Investor Base

Along with the jump in AUM, the industry experienced a huge growth in mutual fund investors. The investor base grew to over 4.46 crore, with women accounting for approximately 23% and men around 77%, indicating a diversified and inclusive participation in mutual funds. Out of 4.46 crore investors, nearly 16% (i.e. 70 lakh investors) were added in the last one year and around 47% (2.10 crore investors) in the last 5 years, demonstrating the growing awareness of mutual funds in India.

Performance of Equity-oriented Categories

Equity-oriented mutual fund categories witnessed an outstanding growth of 55% during the fiscal year 2024, reaching Rs. 23.50 lakh crore in assets. This growth was driven by strong inflows and mark-to-market gains, with multi cap funds reporting a highest growth rate of 85% followed by small cap funds at 82%.

The category saw net inflows of Rs. 1.84 lakh crore in the FY 2024, as compared to an inflow of over Rs 1.47 lakh crore in the last fiscal year.

Equity markets represented by Nifty 50 total return index (TRI) and Nifty 500 TRI increased by around 33% and 44% respectively, during the fiscal year.

Noteworthy Advancements in Hybrid Funds

Hybrid funds surpassed the Rs. 7 lakh crore mark in FY2024 with asset gains of more than 50%, closing at Rs 7.22 lakh crore as of March 2024 compared to a flat growth in the previous fiscal year. Growth was driven by investors following the asset allocation strategy and investing in market arbitrage opportunities. Arbitrage funds saw the highest inflows in the category of more than Rs. 90,000 crore during the fiscal year.

In terms of AUM growth, multi asset allocation funds emerged as the highest category within the hybrid funds marking the growth of 153%, followed by Arbitrage funds with the growth of 127%. However, in terms of assets, dynamic asset allocation / balanced advantage funds emerged as the largest category with assets of nearly Rs 2.50 lakh crore as of March 2024.

Asset Growth for Passive Funds

Passive funds saw another year of asset growth; the segment continues to benefit from institutional inflows into ETFs having assets of Rs. 6.64 lakh crore as of March 2024. Thiscategory saw inflows of Rs. 42,000 crore in the fiscal year, compared to inflows of around Rs. 61,000 crore for the overall passive funds category.

Relative Stability in Debt Mutual Funds

Debt funds saw a moderate growth of roughly 7% during the fiscal year, with an asset base of Rs. 12.62 lakh crore, following contractions in the preceding two fiscal years. The category also gained in folios, but only slightly, to over 5,000 in fiscal 2024.

Money market and liquid funds saw the largest absolute asset gains among debt mutual fund categories, totaling Rs 40,000 crore and Rs 31,000 crore respectively. Money market funds also saw the second-highest percentage rise in the fiscal year, at 37%.

Rise in SIP Contributions

Investors continued to pour money into mutual funds through Systematic Investment Plans (SIPs) as monthly inflows reached Rs. 19,300 crore in March 2024 from Rs. 13,700 crore in April 2023, reflecting a jump of 40% in one financial year.

The total inflow into all the mutual fund schemes through SIPs stood at nearly Rs 2 lakh crore, 28% higher than Rs. 1.55 lakh crore recorded in the previous financial year. This shows increasing investor confidence and commitment to disciplined investing.

SIP assets stood at Rs 10.71 lakh crore as of March 2024, accounting for more than 20% of the industry assets. Further, the number of SIP accounts reached nearly 8.4 crore with approx 17 lakh new accounts added per month.

To Conclude:

The Indian mutual fund industry has a strong foundation for continued growth driven by favorable demographics, rising financial literacy, technological advancements, increasing investor confidence, and diverse fund offerings.

Investment in mutual funds will become even more accessible as a result of the ongoing digital adoption, attracting new participants from smaller towns and cities. Regulatory reforms and investor education programs can further boost investor participation and trust in the industry. India's rising millennial and youth demographic presents a vast opportunity for the mutual fund industry. This dynamic and tech-savvy generation can become the industry’s driving force in the coming days.

However, it is important to consider economic factors, regulatory changes, and investor sentiment for navigating the journey ahead.

Friday, June 15 2024
Source/Contribution by : NJ Publications

Whether you are an investor or not, it is pretty certain that you must have heard about the famous Chanakya or his Nitis.

Chanakya was not only a greatest scholar, economist, and political strategist but also a proponent of astute financial management. His teachings, encapsulated in the treatise "Arthashastra," offers valuable insights for modern-day investors striving for financial success in life. From political strategies to governance and management skills, he excelled in all areas. Chanakya’s ideas and principles were so influential that they are still considered management axioms today.

In this blog, we explore Chanakya's enduring wisdom, his teachings to unearth valuable investment lessons for enhanced financial management and success. While the era may differ, the core principles of strategy, foresight, and skills remain as pertinent today as they were centuries ago.

1. Have a Plan in place before investing

“Before you start any important work, ask yourself three questions: why am I doing it? What the results might be, and will I be successful? Only when you think deeply and find satisfactory answers to these questions, go ahead”

It's always advisable to outline a comprehensive plan before embarking on any endeavor, and this principle holds true for investment as well. Establishing a clear plan is paramount to success in investments. Without defined objectives, navigating questions such as where to invest, how much to invest, and for how long can be daunting.

However, when you align your investments with specific needs, the entire investment process becomes more streamlined. By understanding your objectives, you gain clarity on the duration of your investment horizon. This, in turn, enables you to determine the required investment amount and the most suitable investment vehicles to attain your target. If you don’t know where you are heading, it doesn’t matter how quickly you run!

Furthermore, syncing your investment with your needs encourages you to remain committed to your investment strategy. It serves as a deterrent against impulsiveness, which can be your greatest enemy in financial endeavors.

2. Build an Emergency Fund

“Save your wealth against future calamity...when riches begin to forsake one, even the accumulated stock dwindles away”.

This advice from Chanakya underscores the significance of establishing an emergency fund, which is vital for ensuring financial security and stability. An emergency fund serves as a financial safety net, enabling individuals to address unexpected financial challenges such as adverse market movements, medical expenses, significant home or vehicle repairs, job loss, and more. Financial experts typically recommend maintaining an emergency fund to cover at least six months' worth of expenses. In adverse situations, an emergency fund meets your daily needs so that you don’t have to tap into your long-term investments. Emergency funds help you stay afloat without relying on loans or credit cards, thus, prevent you from falling into a debt trap.

3. Embrace corrections, stay committed to your investments

Once you start working on something, don’t be afraid of failure and don’t abandon it. People who work sincerely are the happiest.”

Over the past few decades, stock markets have experienced several corrections triggered by various factors such as pandemics, scams, and economic downturns. However, regardless of the cause or the severity of the decline, equity markets have always bounced back in the subsequent years.

During periods of market corrections, many investors panic and sell off their investments at a loss. This behavior often converts potential paper losses into real ones. However, investors who demonstrate patience and remain invested typically emerge as the most satisfied in the long run.

4. Don’t plunge into the well to gauge its depth

Learn from the mistakes of others…You can’t live long enough to make them all yourselves.”

Observations can be a powerful teacher. Not all lessons require personal experience. Astute investors glean insights from others' missteps, safeguarding their own finances by avoiding similar errors. For instance, if a pattern emerges of consistent losses in penny stocks among peers, why expose oneself to that risk? Both in management and investments, lessons often come at a high cost and are best absorbed through observations. Many renowned investors have candidly shared their mistakes in books or autobiographies. Only after a thorough comprehension of market mechanisms should one venture into investment.

5. Refrain from excessive indulgence

Too much of anything is bad. One should refrain from too much.”

The principle of not going overboard applies to investments too. Putting too much into any single asset class can backfire. That's why diversification is a cardinal rule of investing. Diversifying across various asset classes like stocks, bonds, and gold offers better downside protection, ensuring a more stable investment journey, as not all investments perform well simultaneously.

6. Entrust your wealth solely to those who are deserving.

Give your wealth only to the worthy and never to others. The water of the sea received by the clouds is always sweet.”

The growth or decline of your investments hinges on how effectively you manage your money. Investing in well-regulated products like Mutual Funds or NPS, where qualified professionals manage your money, can make your wealth work for you. Conversely, taking the DIY route might seem like a money-saving option initially, but it can be risky as you could encounter mistakes that would ultimately result in greater expenses down the line.

Conclusion

Embracing the Chanakya’s simple yet profound lessons can lay the foundation for a rewarding investment journey. By incorporating his teachings, investors can navigate the uncertainties of the market with greater confidence and resilience, ultimately achieving their financial needs and aspirations. It’s all about blending India's traditional wisdom with modern financial techniques. Investors can leverage the strengths of both worlds to optimize their investment strategies and achieve sustainable growth and prosperity.

Friday,16 Feb 2024
Source/Contribution by : NJ Publications

Born into a world of constant connectivity and boundless information, Gen Z is navigating adulthood with habits and preferences that set them apart. As per UN World Population Prospects 2022, more than 50% of India's population is below the age of 25, and over 65% is below the age of 35. The future of our nation depends on the youth, i.e. Gen Z (born between 1997 and 2012). These young adults are likely just starting to enter the workforce or at the early stages of their careers.

According to the 2022 Investopedia Financial Literacy Survey, Gen Z is more financially sophisticated than the previous generations; however, this generation is known to want instant gratification and, hence, indulge in risky investing habits such as speculative investing. Such speculative trading instruments can prove to be catastrophic to your wealth-building journey. According to a report by SEBI, the share of participation of individual traders belonging to the age group 20-30 saw a significant rise from 11% in FY19 to 36% in FY22. The report went on to state that 89% of individual traders in equity futures and options incurred losses.

When it comes to your hard-earned money, one needs to cultivate patience, consistency, and discipline. Moreover, it is important to seek guidance from a financial advisor time to time and trust in delayed gratification. Here are a few tips for new investors to safely park their surplus, manage their finances, and create wealth:

Set goals - To succeed in any endeavour, it is important to set goals. Whether it is a game of football or investing, goals shape the game plan and provide direction to your efforts. Before investing, it is important to set financial goals and quantify them. Financial goals should be SMART - specific, measurable, attainable, realistic, and time-bound. Setting such goals not only help you build a plan but also streamline your investment journey.

Choose the right product - When it comes to investing, a plethora of options are available, but trusting your hard-earned money with these products is the real challenge. Investment instruments ranging from highly safe fixed deposits (FDs) to extremely risky speculative instruments such as options are available for investing at your disposal. However, one needs to draw a perfect balance between risk and return so that one can build sizeable wealth with peace of mind. The choice of the right product should be based on your risk profile and your financial needs.

Avoid debt trap - A debt trap refers to a vicious cycle of borrowing, struggling to meet debt obligations, and consequently accumulating more debt to cover existing payments. The term debt trap is associated with the inability to exit this perpetual cycle, leading to financial hardship. Generally, young adults are at a higher risk of falling into a debt trap since they are just at the start of their careers, and the expenses can mount up, nudging them to opt for loans.

Moreover, in a bid to live flamboyant lifestyles, young adults are also turning to credit cards. If you want to use credit cards for your expenses, you should use them rationally, maintain a credit utilisation ratio, and make timely payments. These mistakes can negatively impact your credit score, making it difficult to borrow in the future. Hence, it is important to avoid such credit mistakes and budget carefully to avoid a debt trap.

Budgeting - Gen Z lives in a highly connected, virtual world. With the advent of technology, everyone is now closer than ever digitally. Hence, Gen Z can often become the victim of greed and desire by comparing their lifestyle with others. Moreover, Gen Z often tends to follow the newest trends and practices. A new trend, 'soft saving', is getting quite popular amongst Gen Z. This phrase refers to living a luxurious lifestyle now and saving minimally for the future. This approach can prove to be detrimental to your future, leading to a paycheck-to-paycheck lifestyle with little left for your future financial goals. It's essential to strike a balance between your desired lifestyle and allocating funds towards your financial goals.

Start early - To build wealth, it is imperative that you start investing early. As soon as you get that first paycheck, setting an amount aside for investing is the wise thing to do. When investments are started early and done for the long term, the power of compounding can turn small investments into huge funds. For instance, if you had invested Rs 1,00,000 in Sensex TRI 25 years ago, then its value today would be Rs 34,89,772, an XIRR of 15.26%. However, if you had invested Rs 1,00,000 in Sensex TRI 15 years ago, then its value today would be just Rs 9,17,060. Hence, it is essential to start your investment journey as early as possible.

(Source Ace MF. The investment periods taken into consideration are - 25 years - 31 Dec 1998 to 31 Dec 2023 and 15 years - 31 Dec 2008 to 31 Dec 2023.)

Invest through SIPs - SIPs or systematic investment plans in mutual funds offer a flexible, systematic, consistent, and disciplined approach to investing. SIPs are highly accessible and affordable, allowing investors to start with an amount as small as Rs 100. With SIPs in mutual funds, one can start saving small amounts from their earnings and invest them in the long term to not only achieve financial goals but also build wealth. For instance, if you had started an SIP in mutual funds of Rs 10,000, 25 years ago, then its value today would be Rs 27,759,841, an XIRR of 15.06%. (Source Ace MF. Returns of Sensex TRI. The 25-year period taken into consideration is from 10 Jan 1999 to 31 Dec 2023. The SIP interval is assumed to be the 10th of each month.) 

Emotional biases - Young investors are often motivated to invest due to herd mentality and the fear of missing out (FOMO). Investing on the basis of such biases, fear, and greed can not only lead to losses but can also lead to missed opportunities. Hence, while investing, it is important to stick to the fundamentals and have an understanding of the investment avenue, the objective of investing, and the associated risk.

Emergency fund & insurance planning - The most inevitable thing in life is uncertainty, making it the most important thing to prepare for. You may never know when a rainy day arises in your life; hence, it is essential to prepare for these perils in life by insuring yourself. Moreover, one can also build an emergency fund, which can further prepare you for uncertainties in life. Preparing an emergency fund and securing adequate insurance not only safeguards your wealth-building journey but also eliminates the need to resort to loans during unexpected challenges.

Tax planning - For young individuals just entering the workforce, tax planning is a crucial concept of financial management. While the complexity of tax laws may seem intimidating, one can learn basic tax laws and consult a chartered accountant or a financial advisor who can further guide in financial management and efficient tax planning.

To conclude,

As the new generation sets foot in the professional world, embracing sound financial planning practices becomes paramount for a secure and prosperous future. By incorporating the aforementioned principles, Gen Z can navigate the complexities of financial management with ease. Moreover, opting for the guidance of a financial advisor can set the stage for a financially stable future.

Friday,19 Jan 2024
Source/Contribution by : NJ Publications

A new year is a fresh beginning - a time when we can reflect on the past and look forward to the future with a fresh perspective and a desire for a positive change, which motivates us to make New Year's resolutions. While resolutions allow us to envision the best version of ourselves, most of them are abandoned in just a few weeks.

In managing personal finances, too, this scenario is all too familiar. So, as we stand at the onset of 2024, perhaps it is time to revamp our approach to financial well-being. Instead of relying on financial resolutions, make small changes in your lifestyle and embrace the power of atomic habits. Let’s look at some habits we can adopt for our financial future.

  • Goal-based investing - To begin with, it is important to set financial goals. Everyone has the desire to be wealthy and financially independent. However, setting such vague goals brings ambiguity and uncertainty. In order to achieve a financial goal, one must set goals that abide by the SMART acronym - specific, measurable, achievable, realistic, and time-bound. Setting SMART goals can help build a practical plan through which you can set deadlines and derive an optimal investment amount to achieve your goals.
  • Budgeting - Creating a monthly budget is a systematic method to ensure the timely settlement of payment obligations and maintain a consistent trajectory towards financial goals. Just setting a budget, however, is not enough. One must track spending to ensure whether the budget is being followed. Moreover, regular tracking of expenditures provides invaluable insights into financial habits, allowing for informed adjustments to the budget as needed. This would not only reinforce discipline but would also allow strategic decision-making, ensuring the achievement of financial goals. 
  • Emergency fund & insurance planning - The only thing certain in life is uncertainty. Hence, one must always have a plan in hand to cater to these uncertainties of life. In the absence of an emergency fund, one might have to opt for loans or, worse, break the funds created for specific needs, bringing a hurdle to your wealth creation journey. 

While an emergency fund is necessary for immediate liquidity for unexpected expenses, insurance is also essential to mitigate the long-term financial impact of significant perils of life, such as accidents, illnesses, or the unfortunate loss of the breadwinner. Both insurance and an emergency fund serve as a pillar to fortify your financial health and safeguard against unforeseen events that can potentially derail your financial stability.

  • Expenses to investments - “Do not save what is left after spending, rather spend what is left after saving.” One must track all their expenses and ask oneself a question - ‘Is this out of necessity, or is this something that can be avoided?’. Upon doing this, one can cut down on unnecessary expenses and make changes to lifestyle. For instance, if you spend a total of Rs 10,000 monthly on leisure activities, then just cutting down by 10% and investing that Rs 1,000 can make a huge difference. To give you a perspective, an SIP of Rs. 1,000 in equity mutual funds started 15 years ago would have helped you build a fund of Rs 5,64,120, a gain of 14.01%. (Source: Sensex TRI)
  • Timely servicing of debt - Unsecured loans and unpaid credit card dues can be detrimental to wealth creation and are often categorised as ‘bad debts’. It is crucial to clear these bad debts or any other overdue payment obligations in full as and when they arise. This not only impacts your overall financial health but also plays a pivotal role in establishing and maintaining a good credit score. Untimely payments and delinquencies can be toxic for your credit score, making it difficult to bag good interest rates or, worse, get a loan in the future.
  • Automated investment - Setting up automated investments like a SIP in mutual funds can empower you with financial discipline and consistency. With an SIP in mutual funds, you can invest small amounts towards your financial needs and build a fund methodically over time. Moreover, SIPs relieve investors from the need to remember to invest each month consciously. The convenience of automation allows you to stay on track with your financial needs without having to intervene in the procedure. The inherent benefits of SIPs, such as rupee-cost averaging, power of compounding, accessibility, and affordability, furthermore make it an attractive investment option. 
  • Retirement planning - As per a survey conducted in 2020 by Nielsen, 51% of Indians do not have a retirement plan ready, and barely one in five takes inflation into account while planning for retirement*. This sheds light on the unpreparedness of Indians for retirement. Moreover, many still rely on their children for retirement. With the shifting mindset and growing trend of nuclear families, it is very important for every individual to plan for their retirement. Retirement planning is a cornerstone of financial freedom, which is of utmost importance to make you self-reliant and ensure a dignified and stress-free lifestyle during the golden years of retirement.

* Source: Business Today 

  • Seek financial guidance - Making the right investment decisions might seem like a daunting task. To get guidance in this journey, one can consult a financial advisor. A financial advisor can understand your financial needs and risk profile and support you in your wealth-building journey. When opting for the mutual fund route, one can leverage the knowledge of a mutual fund distributor. 

Cultivating positive habits for your financial health can prove to be pivotal for your financial success. Even subtle adjustments in lifestyle and savings practices can make a huge difference, for one good habit can create a ripple effect. Bringing discipline and consistency to your investment pattern and following fundamental financial health practices such as goal-based investing, budgeting, timely payment of debt, and insurance planning can lead you to a financially prosperous future. 

Friday, Sept 22 2023
Source/Contribution by : NJ Publications

In this fast-paced world, where time is precious and financial responsibilities grow with each passing day, finding an investment approach that aligns with your life's trajectory is paramount. A game-changing approach, SIP with Top-Up ensures that your investments keep up with your changing lifestyle and protects your wealth from inflation's eroding effects.

Gone are the days of monitoring market movements and constantly adjusting your investment plans. With SIP and its automated Top-Up feature, you set out on a hands-free journey to steadily and gradually amass wealth. As your income grows, so do your investments, and with the power of compounding, your wealth multiplies effortlessly.

SIP Top-up gives anease of increasing your investments, the wisdom of regular contributions, and the extra potential of compounding growth. You can unlock the secret of building sustainable wealth and make financial independence achievable without your active participation. Let's explore further this simple yet revolutionary idea and understand certain aspects of building wealth with SIP Top-up.

1. Automation helps bring in Discipline: 

SIP Top-up is a user-friendly strategy that promotes consistent and methodical investing through automation. It assists people in developing the habit of growing investments without having to worry about market timing or frequent manual modifications. However, it's essential to have a reasonable selection of suitable mutual fund schemes based on risk tolerance, investment horizon, and financial objectives. 

Being automated also brings in the discipline of increasing your investments steadily with time. Often people start SIPs and then forget about it for years together thus effectively end up saving less and less every year, both due to inflation in absolute terms and as a percentage of your income. Even from the perspective of saving consistently in ‘real-value’ terms, the increase in SIPs yearly must at least match the inflation figures and one can add more to adjust for change in income levels and living standards.

2. Enables you to build wealth faster: 

Increasing your SIPs with Top-Up facility can greatly improve growth of wealth and hasten the wealth creation journey for you along with accomplishment of financial objectives. This powerful strategy takes advantage of systematic investing, compounding, and automatic increments in savings to propel your wealth growth manifold. Let us understand the power of SIP Top-Up by comparing it with a normal SIP assuming market returns of 12%. 

Wealth Created In 10 Years In 20 Years In 30 Years
Normal /Fixed SIP of Rs.10,000 ~Rs.22.40 Lakhs ~Rs.91.99 Lakhs ~Rs.3.09 Crores
With SIP Top-Up of Rs.1,000 ~Rs.30.43 Lakhs ~Rs.1.47 Crores ~Rs.5.33 Crores
With SIP Top-Up of Rs.2,000 ~Rs.38.47 Lakhs ~Rs.2.03 Crores ~Rs.7.58 Crores

We can clearly observe that the wealth created increases by a substantial margin if we opt for a SIP Top-Up option across all horizons and more when the periods are longer with the power of compounding. 

3. Helps Achieving Financial Goals: SIP Top-Up is a useful tool for attaining your financial objectives faster once it is linked with your financial goals as compared to simple SIPs. Having a purpose-driven or goal oriented investment strategy that keeps you motivated and focused when you match and map your SIP investments with these objectives. With the benefit of compounding, even the goals that may seem to be unachievable can surprisingly look achievable if proper planning and SIP Top-Up needs are identified. Even when a simple SIP is sufficient, the Top-Up SIPs would add that extra layer of comfort and margin should anyway go wrong when the goal maturity is near. In addition, it will also take care of your increase in aspirations and living standards with time such that your goals need not be fixed.

Let us see this with an example where we have a higher education goal target amount of Rs.2 Crore, maturing after 15 years. Now assuming market returns 12%, we can see that the normal /fixed SIP amount required would be around Rs. 42,000 per month. However, if one decides to increase the SIP by Rs.5,000 every year, then the first year SIP amount required falls down drastically to around Rs. 17,000. Thus, a goal becomes more achievable with Top-up SIPs. 

Now, what would happen if the person is capable of saving say Rs.42,000 and still do a top-up of Rs.5,000 every year? In such a scenario, the wealth created after 15 years would be Rs. 3.18+ crores, giving you an extra cushion to upgrade to the best college or have a margin of safety, just in case. The original target of Rs.2 crore would have been achieved around 3 years prior to the target date.

Bottom Line 

To make the most of SIP with Top-Up, it is essential to start early, stay consistent, and invest for the long term. As a simple rule, we can think that every SIP has to be a SIP with Top-up SIP. As we have seen, the Top-Up SIPs can significantly transform the course of your financial journey by providing a simple yet efficient way of comfortably achieving your financial objectives along with discipline. 

Saideep Investments, Incorporated by Dinesh K Poojary, who is a Financial Advisor with so much passion for transforming the lives of many families towards financial freedom. This humble journey started in the year 2004 and currently managing the wealth of 1400+ Families.

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Saideep Investments
Office Address:
Unit 705, Opal Square,
Plot No. C-1, Road No.1,
Wagle Industrial Estate,
Thane (West),
Maharashtra – 400604.

Contact No: +91 99671 91100
Email: Sawealths@gmail.com

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