What does SLEEP IN PEACE mean? SLEEP IN PEACE (SIP) is a regular savings cum investment plan that helps you make little planned savings every month. All so that you can have peace of mind. | |||||||||||||||||||||||||||||||||||||||||||||||
How does SLEEP IN PEACE help you?
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How does SLEEP IN PEACE help build wealth? The table below illustrates how regular investments of Rs 4,500 per month using SLEEP IN PEACE can result in a corpus of more than Rs 34 lakhs* in 20 years. This is assuming a moderate growth rate of 10% CAGR over the 20 year time period. SIP as an investment method uses the power of compounding effectively to build wealth. Illustrative Example:
*Assuming that investments are made at the beginning of each month. Monthly investment of Rs 4,500 assuming 10% CAGR; Average return for last 15 years on BSE Sensex is approx 17% (Source MFIE, as on 31 March 2010). All figures cited in the illustration are notional. | |||||||||||||||||||||||||||||||||||||||||||||||
How can one SLEEP IN PEACE?
Source : axisbank |