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Raksha Bandhan: Could a mutual fund SIP gift today secure your sibling's future?

Raksha Bandhan: Could a mutual fund SIP gift today secure your sibling's future?

Time of India4 days ago
Synopsis
This Raksha Bandhan, consider gifting a Systematic Investment Plan. A SIP can help siblings build wealth over time. Experts suggest a monthly investment in Nifty 50 Index can yield substantial returns. Linking the SIP to a specific goal makes it more meaningful. Remember to consider tax implications while gifting. Choose funds based on risk appetite and investment horizon.
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Bank holiday alert: Check if banks are closed on Independence Day, Janmashtami on Aug 15, 2025 and Aug 16, 2025?
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