Dr. Ajay Mittal, Chief Manager, Birla Sunlife AMC explains why investing in a Systematic Investment Plan (SIP) is the best way forward and its benefits in the long-term.
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00:00 The only pre-requisite thing which is very very important for anyone who is earning is
00:14 SIP - Systematic Investment Plan.
00:17 And without SIP you cannot think even in this era particularly earlier the people were thinking
00:26 of buying a land and all.
00:30 Now because the land is so costly you are not being able to.
00:34 You cannot invest Rs. 1,80,000 at one go but Rs. 500 if somebody will tell you, Rs. 500
00:38 you can save.
00:39 How many of you are investing in SIP since last 10 years?
00:42 1, 2, 3, 4.
00:43 Madam can you share the experience?
00:44 It's very good.
00:45 It's very good.
00:46 And you have invested in equity SIP?
00:57 Yes, both.
01:00 Both.
01:02 If you are investing for the long term, if you have seen a shop in your vicinity, when
01:11 new shops are coming up in the vicinity, so what is happening?
01:16 First year, second year, no customers are going to that shop.
01:20 But third year some customers started going to that shop.
01:24 Fourth year, fifth year, and sixth year the shop is running like anything.
01:28 The same thing is happening with the companies which are listed in Bombay Stock Exchange
01:33 and National Stock Exchange.
01:35 So those companies, when you are investing, you are buying those companies, in the initial
01:39 years the companies were not giving that much of return.
01:42 But later years the companies will start giving handsome returns.
01:48 Right?
01:49 That is why SIP is one of the most important aspects of anyone's financial planning.
01:56 Anyone who is not investing in SIP is missing an opportunity.
02:04 Missing an opportunity which we are seeing right now in our economy.
02:09 In our economy, you can easily see, it is visible, we are now getting better and better
02:18 in our macroeconomic indicators, in our markets, because China is going lower and India is
02:26 flourishing.
02:27 Among the BRICS countries, Brazil, Russia, India, China and South Africa, India is the
02:32 only country which is showing a better growth, better growth prospects as well.
02:38 So all fundamental as well as macroeconomic indicators are leading towards growth.
02:46 So that is the reason one should have to not even think for a moment to not to invest in
02:58 any of the asset class.
02:59 I am not saying put all your money in equity, but at least to get a sense what is going
03:05 on in the economy, what is going on in the market, you should have to start investing
03:09 in SIP.
03:10 [Music]
03:15 (bright music)