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Mutual fund SIP: How to grow small investments worth Rs 10 lakh to over Rs 1.30 crore | Business News (timesnownews.com)

"If an individual continues to invest in a systematic investment plan (SIP) for a duration of 15-20 years, they can expect to achieve an annualised cumulative return of 12% for the entire investment period," explains Suchismita Jena, a certified financial planner (CFP-CM) based in Bhubaneswar. Ms. Jena emphasizes that investors should not panic during market downturns and stop their SIP. Instead, they should consider making lump sum investments to acquire more units at a lower net asset value (NAV). This strategy will ultimately enhance their overall returns from mutual fund investments. Ms. Jena's advice highlights the importance of staying calm during market fluctuations and taking advantage of opportunities to optimize investment returns.