This blog is for those who want to earn good returns in the market but are busy with their work and hence cannot do research in the market. You can earn roughly 15% CAGR(Compound Annual Growth Rate) per year by investing in Index funds. Eg. Nifty 50 index funds.Some people recommend to invest in small cap funds. But the operating expense of the fund is high and also the returns of fund may change with change in fund managers.
Warren Buffett also recommends to invest in Index Funds. And also in a book "The Intelligent Investor" it is recommended the same.
So you should start and SIP in index fund to earn good returns. Remember if you get 15% for 50 years it make you a billionaire.
Here are estimated returns
If you invest 1000 per month and get 15% per year this amount at end of 50 years will be 139718028
It is the magic of compounding.
Thank for reading.