Are SIPs The New Measure Of Wealth? Edelweiss CEO Radhika Gupta Weighs In

Investment in Mutual Funds SIP is considered better for the long term. The trend of investing through a systematic investment plan (SIP) is continuously increasing among retail and small investors. Due to the possibility of better returns, people are moving away from traditional saving instruments and adopting SIP. According to Radhika Gupta, MD and CEO of Edelweiss Asset Management, the real measure of financial achievement should not be the number of real estate holdings, but the monthly amount invested in SIP. Radhika Gupta shared a post regarding this on her official X handle, which is currently garnering everyone’s attention. In the post, Radhika wrote, “Once upon a time in Delhi, NCR, where I come from, the measure of wealth was the number of properties you had. Showing off meant talking about one plot here, one flat there, and another office space close by. With India financialising, the new measure should be the size of your monthly SIP book. I would love to hear young people say, “Meri toh mahine ki 1L ki SIP hai, what about you?”

https://x.com/iRadhikaGupta/status/1836080784672772264

SIP is the most convenient approach to invest in mutual funds. Through this, one can invest in mutual funds every month. SIP is just like bank RD, but here one can get better returns than the bank. Every month, a fixed amount is deducted from the bank account at a fixed time and invested in SIP.

For years, SIPs have been a core part of Gupta’s financial guidance. She believes that investing in mutual funds on a regular basis through SIPs can help individuals accumulate wealth over time without requiring a hefty initial investment. SIPs allow investors to pay a predetermined amount to mutual funds each month, allowing them to profit from market changes while slowly growing their money.

Earlier in 2024, Gupta shared a video from behind the scenes at Shark Tank India, urging crew members to consider SIPs as an easy way to begin investing. She said that this conversation was a reminder of how many people still need to understand the benefits of mutual funds and the simplicity of SIPs.

According to her, financial awareness is essential, and SIPs are an excellent place to begin for people interested in investing.