SAMAYIK EKAM KASHOTI AYOJAN BABAT OCTOBER...
Provide details of officers / employees who died due to corona and their families.
Matter of giving details of officers / employees and their families who died due to corona.Reference: 1. Correspondence of the Education Department: Perch-19031-6-V.6 Dt. Email letter of Chief Minister's Office dated 01.10.20
Compliments As per the above instruction, from the letter of the Education Department of Reference-1, as per the instruction from the email letter of the Chief Minister's Office, the details of the government officials / employees who died due to Corona and their families have been prepared in Gujarati Shruti font according to Excel file format. Email address # itidoe.guj@gmail.con is asked to be sent at the latest by 06.10,2021 by 12.00 hrs. In this regard, it is requested to give top priority as it is a reference to the office of the Chief Minister.
SIPs can help you escape market volatility by eliminating the guessing game of market performance. Regular investing ensures that the average purchase cost is evened out in the long run.
When the markets rise, you get fewer units, and when the markets fall, you receive more units. This minimizes your risk and ensures you acquire investments at a lower average cost per unit.
Compounding
Saving a small sum of money regularly for long periods of time can have an exponential impact on your investment because of the effect of compounding. The following examples illustrate that:.
‘A’ starts investing for his 60th birthday at the age of 40.
Assuming returns of 7% and a monthly investment of Rs. 1000, his total corpus at the end of 20 years will be Rs. 5,28,000.
‘B’ starts investing for his 60th birthday at the age of 20.
Assuming returns of 7% and an investment of Rs. 1000 per month, his total corpus at the end of 40 years will be a staggering Rs. 26,56,436 -- almost 5 times the corpus accumulated by A.Regular investments spread over longer durations yield greater returns and profits.
ADVANTAGES OF INVESTING IN SIP
Financial Discipline: The regularity of SIPs breeds financial discipline. It encourages forced savings and helps you build a corpus without cramping your lifestyle.
Flexibility: SIPs provide greater flexibility in investing. You can increase or decrease the amount of investment at any time.
Convenience: SIPs are a hassle-free mode of investing. You can easily do it online with a one-time set of instructions. You SIPs will automatically start getting accumulated.
Lower risk: Lump sum investments may expose you to greater capital risk. A SIP spreads your investment over time and reduces the risk to capital and will help you navigate volatility better.
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