This is about the advantages of joining the SIP scheme that is offered by Birla Sun Life Insurance. As the name suggests, we see how this can systematically help improvise one's life style.
The main difference between mutual funds and SIP is the method of investing mutual fund refers to lump sum investment and SIP is the investing fixed amount at regular intervals.
Colleagues Rohit and Ishan both earn an excess of ₹80,000/month. While Ishan resides at his ancestral house, Rohit plans to purchase an apartment in Kolkata. However, he is baffled at the possibility of paying more in home loan interest than the total price of the apartment.
The increasing cost of real estate, particularly in urban areas sometimes makes the home loan interest more than that of the actual loan in the long run.
Investing is actually pretty simple; you're basically putting your money to work for you so that you don't have to take a second job, or work overtime hours to