Latest news with #Flexi
Time of India
29-04-2025
- Business
- Time of India
Rs 100 crore goal: 28-year-old reveals his SIP strategy to retire rich — netizens react
Live Events Kotak Emerging Equity Fund Parag Parikh Flexi Cap Fund ICICI Prudential Smallcap Fund Tata Large and Midcap Fund Canara Robeco Smallcap Fund ICICI Large and Midcap Fund DSP Equity Opportunities Fund (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel A 28-year-old aspiring to build a Rs 100 crore investment portfolio has shared his financial strategy on Reddit, sparking widespread his post, the anonymous user revealed that he currently lives with his parents and has no children. For the past five years, he has been aggressively investing a significant portion of his salary. He currently invests Rs 45,000 per month via SIPs and an additional Rs 10,000 in direct also disclosed that he had been investing Rs 10,000 per month in cryptocurrencies, which has now grown to Rs 5 lakh, although he has since stopped adding to it. His current equity portfolio is worth Rs 25 lakh.'As of now, my parents have been supporting me, which allowed me to build this corpus. I'll be moving out in the next six months and will have to manage my household expenses myself. It's exciting but scary. I don't want to dip into my savings, so my SIPs might reduce or even stop — I'm not sure yet, since I don't know what my expenses will look like. Being young, I want my investments to grow rapidly but without taking excessive risks,' he wrote, asking fellow Redditors if he should focus on specific also shared a screenshot of his mutual fund holdings , which include:One Reddit user commented that to reach a Rs 100 crore target, he would need to invest Rs 70,000 per month consistently for 30 added, 'You'll easily surpass Rs 100 crore — around Rs 118.5 crore — if you stay disciplined with your investments until age 60. Your current portfolio is about Rs 47 lakh (Rs 25L in equity, Rs 17L in mutual funds, Rs 5L in crypto). At 15% CAGR over the next 32 years, this alone could grow to Rs 41.15 crore. If you continue your Rs 45,000 monthly SIP and increase it by 10% annually, it could grow to Rs 77.5 crore. Combined, that gives you Rs 118.5 crore — assuming 15% CAGR, which is achievable.'However, not everyone was optimistic. A different commenter warned: 'The era of 15–18% compounded returns may be over. Going forward, 10–12% may be the new normal, and even below 10% beyond this decade.'
Zawya
19-02-2025
- Business
- Zawya
Jazeera Airways revolutionizes travel with 'Package Your Way'
Kuwait, Jazeera Airways, Kuwait's leading low-cost airline, has introduced an innovative new travel offering—"Package Your Way', to give passengers the flexibility to customize their travel experience like never before. With this unique offering, Jazeera becomes the first airline to introduce a bundle of services aimed at enhancing the passenger journey and making premium travel benefits accessible at affordable rates. With Package Your Way, travelers only pay for the benefits they need, allowing them to enhance their journey with personalized options. A special introductory offer features discounted rates, making this the perfect time to experience the convenience and comfort of Jazeera Airways' new flexible packages. To avail of the discounted prices, travellers can book any of the bundles from now until 24th February 2025 for travel until 31st May 2025: Essential Package (5 KD) – Includes priority service, a meal combo, and free seat selection. Flexi Package (10 KD) – Offers all benefits of the Essential Package plus free flight modification. Flexi Plus Package (15 KD) – Includes all Flexi Package benefits along with an additional 10KG baggage allowance. Barathan Pasupathi, Chief Executive Officer, Jazeera Airways highlighted: "We are proud to launch such a revolutionary, fully customizable package system to cater to the needs of different travelers. At Jazeera, we believe in providing value and convenience, and Package Your Way is designed to give passengers more control over their journey while keeping costs affordable." Book online through Jazeera's website mobile application or call center at 177 to choose from a network of over 60 destinations, various product offerings and now 'Package Your Way'.
