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Khushboo Bhagirathbhai Oza, Himmat Senjalinya
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- Research Scholar, Department of Commerce, Maharaja Krishnakumarsinhji Bhavnagar, Maharaja Krishnakumarsinhji Bhavnagar University, Gujarat, Gujarat, India, India
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Abstract
nSustainable Investing with SIP encapsulates the idea of aligning financial goals with responsible investing practices for a more sustainable and prosperous future. SIP (Systematic Investment Plan signifies a disciplined and systematic approach to investing, where individuals commit to regular contributions towards mutual funds at set intervals, fostering a sustainable and long-term investment strategy. Wealth Accumulation implies the gradual growth and nurturing of wealth over time through SIP, emphasizing the patient and steady approach to financial prosperity. Compounding Effect implies the compounding effect of returns, reinforcing the idea that sustainable investing leads to the gradual and consistent development of financial assets. Overall, the title conveys a sense of purpose and responsibility in financial decision-making, encouraging individuals to consider the long-term benefits of SIP as a means of nurturing wealth for a better and more sustainable future.
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Keywords: sustainable development, Systematic Investment Plan (SIP), Mutual fund, wealth accumulation, stock market, Net Asset Value (NAV)
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References
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1. Joy A, VM J. A Study on Awareness and Preference of Mutual Funds Among Retail Investors. IUP Journal of Accounting Research & Audit Practices. 2023 Oct 1;22(4).
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INFLIBNET. 2021. xv, 231p. http://hdl.handle.net/10603/447426
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| Volume | 11 |
| [if 424 equals=”Regular Issue”]Issue[/if 424][if 424 equals=”Special Issue”]Special Issue[/if 424] [if 424 equals=”Conference”][/if 424] | 01 |
| Received | January 19, 2024 |
| Accepted | January 26, 2024 |
| Published | March 26, 2024 |
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