Sahjik Finserv and Realty Blogs

Hey! 🌟 Diwali is almost here, and I’m sure your shopping list is ready! 🛍️ But did you know the top item purchased during Diwali isn’t a TV, fridge, or car—it’s gold !✨ Last year, Indians bought over ₹30,000 CR worth of gold in a single day. With gold being a top-performing asset this year, many now recognize its value as an investment. 📈 Yet, even with a slight dip in demand, gold prices have consistently risen in 2024 . So, should you invest in gold this Diwali, or could it be risky? 🤔 What’s Fueling the Gold Rush? 💸 Geopolitical Tensions 🛡 ️ Rising tensions, especially in the Middle East , are driving investors to gold as a safe haven . Central banks, particularly China and Russia , have been hoarding it to hedge against global risks. Interest Rate Cuts 📉 With the US Fed and European Central Bank lowering rates , gold is now more attractive than bonds, which is pushing prices up . Recent cuts led gold to soar to ₹73,750/ounce ! ...

How to Make 1 Crore from SIP of Rupee 5000? If you are ready to turn your investment habits into a wealthy corpus of Rs.1 Crore, you need prerequisites like disciplined investing, good growth potential and  Mutual Funds  with at least 12-14% CAGR returns where volatility remains medium, while keeping good long-term patience to keep your portfolio balanced. Let’s explore the best investment plan with which you can easily create a wealth of more than 1 Crores. We will break down the investment into 4 easy steps while suggesting different categories to make your portfolio solid. Step 1: Investing in Large and Mid Cap Funds Firstly, you need to invest Rs.1500 in a large and mid cap fund. In this category, there are mainly quality and stable growth companies, which will give stable earnings to your portfolio. The top 2  Large and Mid Cap Mutual Funds  are: ICICI Prudential Large and Mid Cap Fund After the launch of the ICICI Prudential Large Cap fund in 1998, it has deliv...