You here about starting an SIP or Systematic Investment Plan in equity mutual funds almost everyday to for long term wealth creation.
But in my opinion, there are three important things you must do before starting any equity SIP. These 3 steps when implemented ensure that your SIP money stays safe and increase your chance of staying invested for the long term – even when markets fall a lot.
Which are those 3 things? Watch the video below to know:
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Thank you for watching.
Prathamesh
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About Prathamesh
I was a wealth manager for HNI-UHNI families in India. Now I write about money and personal finance for people who never had a wealth manager. I like to write and talk about everything finance - investing, insurance, debt management, behavioural finance etc. When I am not doing that, you'd find me reading about those topics.
Prathamesh Lajurkar · AMFI Registered Mutual Fund Distributor · ARN-349484
Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance may or may not be sustained in the future and is not a guarantee of future returns.
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Sensible thoughts. Indeed protection should be prioritized before investing.