Synopsis
Over three years, the return is even higher at 17-19%. These returns are sharply higher than what would be major losses at the end of FY20, data from NJ wealth investors showed.
Getty Images
Inflows into SIPs fell from Rs 8,500 crore per month in March 2020 to about Rs 7,800 crore every month In November 2020.
“How poor are they that have not patience!” A considerable minority on D-Street had heeded Shakespeare’s warning in Othello – and stuck to their SIPs right through the Covid-induced carnage.
They are now reaping rich rewards.
For the record, investors have earned on an average annualized returns of 13-14% on their SIPs for a period of 5 years. Over three years, the return is even higher at 17-19%. These returns are sharply higher than what would be major losses at the end of FY20, data from NJ wealth investors showed.
Synopsis
“How poor are they that have not patience!” A considerable minority on D-Street had heeded Shakespeare’s warning in Othello – and stuck to their SIPs right through the Covid-induced carnage.
Getty Images
Inflows into SIPs fell from Rs 8,500 crore per month in March 2020 to about Rs 7,800 crore every month In November 2020.
“How poor are they that have not patience!” A considerable minority on D-Street had heeded Shakespeare’s warning in Othello – and stuck to their SIPs right through the Covid-induced carnage.
They are now reaping rich rewards.
For the record, investors have earned on an average annualized returns of 13-14% on their SIPs for a period of 5 years. Over three years, the return is even higher at 17-19%. These returns are sharply higher than what would be major losses at the end of FY20, data from NJ wealth investors showed.
Synopsis
“How poor are they that have not patience!” A considerable minority on D-Street had heeded Shakespeare’s warning in Othello – and stuck to their SIPs right through the Covid-induced carnage.
Getty Images
Inflows into SIPs fell from Rs 8,500 crore per month in March 2020 to about Rs 7,800 crore every month In November 2020.
“How poor are they that have not patience!” A considerable minority on D-Street had heeded Shakespeare’s warning in Othello – and stuck to their SIPs right through the Covid-induced carnage.
They are now reaping rich rewards.
For the record, investors have earned on an average annualized returns of 13-14% on their SIPs for a period of 5 years. Over three years, the return is even higher at 17-19%. These returns are sharply higher than what would be major losses at the end of FY20, data from NJ wealth investors showed.