The power of compounding really works! Started with a meagre salary of 4L/annum in 2018. But made sure to SIP 5K every month in Mutual Funds, and kept on increasing with career progression. This could’ve been more but I wasn’t able to regularly SIP during the two years of my masters I did after my first job.
This may not be as much as the other tech dude bros out here sitting in CRs but this is a big milestone for me and all I’d like to say is SIP really does work and it’s all about being in the long run. Onwards and upwards only now 💪🏼💪🏼
Can you please share the MF names you invested in?
Well, it’s a mix of about 15-16 different funds ranging from Large Cap/Small Cap/ Mid Cap/ ELSS.
I won’t name all but the top performers:-
I also have a better risk appetite so there’s a good amount of Small Caps/Mid Caps, but this might vary for others.
Wont name all of them 😂 bhai khud he launch kiya hai kya 😧
Sorry to bust your bubble, but absolute returns don't mean anything. You can wait a 100 years and get 2x. What matters is XIRR. Annualised returns. 17% is average performance. Ideally you should Target 25%+
Hence I mentioned a small win and I acknowledge that. The ELSS and Debt Funds have brought down the XIRR, otherwise it should be close to that. Regardless, being a qualified CFA I don’t think 17%+ XIRR is average :)
Good Work bro. Could you post an update to XIRR return if you remove the debts funds. I want to see the equity XIRR.
Small win 3x pf in 1 night #CryptobullRun
Khatarnak
I bought Bonk today let's see 🙈
17% XIRR is pretty decent
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Is this just from ur salary? I guess u don’t have a lot of expense or high salary from few years back. Only top 1% would have better investments than u in same timeline & age. So props to u to keep at it. How much do u invest monthly now?
Yep this is pure from salary. And true I don’t have a lot of expense since I put up with my parents, as for my salary - I’d say it’s pretty average. 25k/month is what I put in every month just in MF, honestly it’s not that much at all :)
Ur discipline to keep at it is impressive and ya not having to take any of it out helps the growth. Cool, how did u decide what to raise ur SIP by? Some factor or impromptu
Achieved a sweet mark of 1L on my MF investments. FYI, a 20 year old guy started off with corporates.
Big chunk of this came from investing a small amount as SIP from pocket money. Portfolio got a boost cuz of new job new money(last 3-4...
If I can do it anyone can. being a women and reaching this seems an accomplishment started with 5000 rs salary no one had faith I could do this.
Wow 🎉🎉 Just curious what was the period and what do you do ?
Now it will take less than 6 years to grow next 3 CR power of compounding. 👍👏
With consistent discipline of SIP reached first goal. This is just the beginning for me, and I’m excited to keep growing my portfolio.
@CanineKettle61 almost 2cr.. I hope by saving u mean the amount u can liquidate right away.
50 lakhs in MF 10 Lakh FD 4L Stocks 3-4 L ulip life insurance SIP monthly of 1 lakh on going Trying to ...
