What is SIP – Features and Benefits with Returns Calculation
What is SIP? Systematic Investment Plan (SIP) is a method of investing a fixed amount of money at regular intervals with frequency such as monthly or quarterly, in mutual funds..
What is SIP? Systematic Investment Plan (SIP) is a method of investing a fixed amount of money at regular intervals with frequency such as monthly or quarterly, in mutual funds..
LTCG Tax Calculation with formula.. The LTCG profits above Rs. 1.25 Lakh in financial year is taxed at 12.5%, irrespective of tax bracket you belong to..
What is SIP? SIP stands for Systematic Investment Plan, which is a way to invest specific amount in mutual funds every month to achieve your financial goals
SIP vs SWP which is right for you? SIP is better when you are getting started and want to accumulate wealth, and SWP is better when you have enough funds..
Benefits of Investing Early.. 1. Compounding of Interest 2. Financial Independence and Retire Early (FIRE), 3. Reduced Risk 4. Achieving Goals Before Time..
Income Tax on SWP.. Withdrawals from SWP is taxed as STCG or LTCG. STCG tax rate is 20% while LTCG is taxed at 12.5% on profits above 1.25 Lakh in FY..
FD vs RD vs PPF vs SIP.. FD & RD are best for short term financial goals, where as PPF & SIP can help you achieve long term goals with better Returns
Benefits of SWP – covering the monthly expenses of household, travelling, achieving financial independence, retirement. SWP helps us to be financially free
Save Capital Gains Tax on LTCG (Long Term Capital Gains) by booking profits of max limit allowed (Rs. 1.25 lakh) and reinvesting the amount every financial year
SIP vs Step up SIP – So Step up SIP helps you to provide better returns compared to normal SIP mainly due to increase in your SIP deposit amount every year