Time becomes more precious when it comes to investments for the future. Don’t delay, here are 4 good reasons why you shouldn’t delay mutual fund investments.
1. Risk Horizon
Higher the risk, higher the return, so better to start young when you have a large appetite for risk.
2. Cost of Delay
Each month delay in a monthly SIP of Rs 10,000 (for 30 years) could cost 2 Lakh per month. (CAGR ~ 18%*).