Ezy Money Deals

Using SIP (Systematic Investment Plan) Let’s assume a 12% average annual return (reasonable for good equity mutual funds in the long term): Investment Duration Monthly SIP Needed to Reach ₹1 Crore 10 years ₹43,000/month 15 years ₹15,000/month 20 years ₹6,000/month 25 years ₹3,000/month Key Insight: The earlier you start, the less you need to invest thanks to compounding. Using Lumpsum Investment Let’s say you invest a one-time amount at 12% return: Time Horizon Lumpsum Needed Today for ₹1 Crore 10 years ₹32 lakhs approx 15 years ₹18 lakhs approx 20 years ₹10 lakhs approx If you have a large idle sum, Lumpsum can help you reach the goal faster—but comes with higher market timing risk.  How EzyMoneyDeals Helps You Plan for ₹1 Crore Feature How It Helps  Goal Planner Set ₹1 crore as your goal and get a tailored SIP or Lumpsum plan  SIP & Lumpsum Calculators Instantly see how much you need to invest based on time horizon  Fund Suggestions Choose high-performing direct mutual funds (no commission)  SIP Booster Increase SIPs annually to reduce burden and reach your goal faster  Goal Tracker Monitor progress with visuals and regular updates  Expert Advisory Get help from SEBI-registered advisors to build your ₹1 crore roadmap  Pro Tip: If you can’t start with the full amount today, use SIP + Top-ups (gradually increasing your SIP every year by 10–15%) — EzyMoneyDeals lets you automate this easily.  Summary: SIP vs Lumpsum to Earn ₹1 Crore Method Pros Approx Monthly/Initial Investment SIP (15 yrs) Low monthly, disciplined ₹15,000/month Lumpsum (15 yrs) One-time effort, faster compounding ₹18 lakhs  

Withdrawing money from mutual funds is simple and can be done in multiple ways depending on how you invested. Here’s a complete guide: Modes of Withdrawal You can withdraw your money using any of the following: Mode Description Online via AMC website/app Login to the Asset Management Company portal and place a redemption request. Online via platform Platforms like EMDMF Through your distributor/advisor If you invested via an agent or financial advisor. Offline (form submission) Fill a redemption form and submit it to the AMC or mutual fund office. Processing Time Fund Type Settlement Time Equity Funds T+3 working days Debt Funds T+1 or T+2 working days Overnight Funds T+0 or same day T = Transaction day (cut-off time is usually 3 PM) Documents Needed (Only First Time or Offline) PAN and KYC documents (already done for most users) Bank account must be pre-registered for credit of redemption amount Types of Withdrawals Type Use Case Full Withdrawal You exit the entire amount Partial Withdrawal You redeem only part of your units SWP (Systematic Withdrawal Plan) Regular periodic withdrawals (like monthly pension) Points to Keep in Mind Exit Load: Check if there’s an exit load (fee) for early withdrawal (usually 1% if redeemed within 1 year in equity funds). Tax Impact: Equity: 15% (short-term <1 year), 12.5% (long-term >1 year, above ₹1.25 lakh) Debt: As per tax slab or 20% with indexation Ensure your bank account is updated with the mutual fund.  Example: You have ₹1 lakh in a mutual fund. Want to redeem ₹30,000 → Login to the AMC/platform → Select “Redeem” → Enter ₹30,000 or units → Submit → Money comes to your bank in 1–3 working days.  

Delaying your SIP by just 2 years can have a huge impact on your long-term wealth, thanks to the power of compounding.  Scenario: SIP Amount: ₹5,000/month Expected Return: 12% per annum Investment Tenure: 20 years vs 18 years  Comparison Table: SIP Start Time Total Invested Value After 20/18 Years Wealth Created Start Immediately ₹12 lakh ₹49.95 lakh ₹37.95 lakh Start After 2 Years ₹10.8 lakh ₹38.40 lakh ₹27.60 lakh Loss Due to Delay: ₹10.35 lakh  Why This Happens: The first few years’ investments compound the most over time. A 2-year delay = loss of 2 years’ worth of compounding on every future rupee.  Key Lesson: “Time in the market beats timing the market.” Start now, even with small amounts like ₹500/month.  

Power of Compounding Compounding means earning returns on your returns. The earlier you start, the longer your money stays invested and multiplies. Example: ₹5,000/month for 30 years at 12% = ₹1.76 crore ₹5,000/month for 20 years at 12% = ₹50 lakh 10 years early = ₹1.26 crore difference! Higher Risk-Taking Ability Young investors can afford to take more risk because they have time to recover from market volatility. This allows for higher-return investments like equity mutual funds. Cultivates Financial Discipline Regular investing builds a habit of saving and planning. It makes you more aware of budgeting, spending, and long-term goals. More Time for Goal-Based Planning Starting early gives you time to plan for multiple life goals: Buying a house Children’s education Retirement Smaller investments can achieve big goals if started early. Financial Independence at a Younger Age Early investments can help you retire early or take career breaks. You build a solid financial cushion and reduce dependence on others.