Should you do a monthly SIP or an annual SIP in your ELSS Fund?

This is going to shake you! Watch it for yourself.

For analysis, I am considering an ELSS Fund that generates a 20% annual return.

The effective amount of your investment would be ₹1,20,000.

Let Fund A be one with an annual SIP amount while Fund B, be one with a SIP of ₹10,000 per month, both for a period of 20 years.

Over a 20-year time frame,

The return generated by Fund A - 2.85 Crore.

The return generated by Fund B- 4.69 Crore.

Ridiculous.

I guess I don't need to mention what you should be doing.

Cheers!

Head out to Investment Planning and prepare your financial plan with us, today!

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