October 24, 2024

Samvat 2081: Mutual Funds, SIPs, And More – Where To Invest This Diwali?

Posted By: ndeeney

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As we step into the new Samvat 2081, it’s the perfect time to revisit and plan your personal finance strategy. The Association of Mutual Funds in India (AMFI) has reported a significant rise in SIP contributions, which hit ₹24,508.73 crore in September 2024, up from ₹23,547.34 crore in August. SIP AUM also reached a record high of ₹13.81 lakh crore, with new SIP registrations hitting 6.63 million. This Diwali, financial experts Pankaj Mathpal, Founder & Managing Director of Optima Money Managers, and Pooja Bhinde, Certified Financial Planner at PB Investments, share their views on how to plan your personal finances effectively. They provide insights into where to invest for the upcoming year, including options like Mutual Fund SIPs, PPF, EPF, ETFs, and government small savings schemes. Whether you’re a first-time investor, a couple planning for the future, or a senior citizen looking for stable returns, this guide will help you make informed decisions. Plus, discover unique ideas for Diwali gifts that can double as long-term investments for your children or spouse.

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