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SIP Kaise Kare | SIP Investment In Hindi | SIP Kaise Start Kare #sip — Transcript

by XY- Axis Education · 4,083 words · 434 segments · language en · Watch on YouTube

Full transcript

  1. 0:00Friends in this video, we will see
  2. 0:01how you can start investing in mutual funds from the comfort of your home.
  3. 0:05In this video, I will give you a live demo
  4. 0:08of how you can start your own SIP (Systematic Investment Plan).
  5. 0:12I am assuming that anyone watching this video knows absolutely nothing about SIPs.
  6. 0:18That is why I will explain everything step by step from the very basics.
  7. 0:23I will personally create an SIP step by step
  8. 0:27so that you can clearly understand what an SIP is
  9. 0:31and how you can begin investing in mutual funds.
  10. 0:35Now, I will show you the complete process of starting an SIP, but before that,
  11. 0:38there are four common mistakes people make that result in lower returns.
  12. 0:47These four points are extremely important.
  13. 0:50Once you understand these four points, you'll realize
  14. 0:53how valuable it was to discuss them before starting an SIP.
  15. 0:58Let's understand these four points one by one.
  16. 1:02Imagine there are two friends.
  17. 1:05Both of them started an SIP each of ₹5,000 per month.
  18. 1:08They both continued their SIPs for the same duration.
  19. 1:12Now imagine that both friends stopped their SIPs at exactly the same time.
  20. 1:19The first friend had accumulated a total corpus of ₹50 lakh.
  21. 1:23The second friend, even though both had invested the same SIP amount for the same period,
  22. 1:28had accumulated a corpus of ₹90 lakh.
  23. 1:32Now the question is: Why did this happen?
  24. 1:34Both invested the same amount through SIPs for the same duration.
  25. 1:38One ended up with ₹50 lakh, while the other accumulated ₹90 lakh. Why?
  26. 1:42These are the four points I am going to explain.
  27. 1:45The first point is that whenever you start an SIP,
  28. 1:49you will come across two types of mutual fund plans: Regular Plan and Direct Plan.
  29. 1:56I'm explaining this in very simple terms,
  30. 1:58but these are the kinds of things that can save you a lot of money.
  31. 2:01Whenever you start an SIP, remember one rule firmly: Never invest in a Regular Plan.
  32. 2:08Let me show you a couple of screenshots as an example.
  33. 2:10These are just examples. I am not recommending any mutual fund,
  34. 2:13nor will you find any investment links in the description of this video.
  35. 2:16I want to keep this video completely neutral
  36. 2:19so that you gain as much knowledge as possible. That's it.
  37. 2:23Just remember, these are only examples. Don't focus on the specific fund being shown.
  38. 2:26For example, look at the HDFC Mid Cap Fund. What is written next to it? Direct Plan.
  39. 2:30If someone wants to invest in this fund,
  40. 2:34they should understand one thing: always invest in the Direct Plan.
  41. 2:38Now look at another fund shown below: HDFC Mid Cap Fund – Regular Plan.
  42. 2:43We will not invest in the Regular Plan.
  43. 2:46Here's the important point: whether it's a Direct Plan or a Regular Plan,
  44. 2:50the mutual fund itself is exactly the same.
  45. 2:52The fund manager is the same,
  46. 2:54the companies (stocks) held in the portfolio are the same — everything is identical.
  47. 2:56However, Regular Plans have a much higher expense ratio.
  48. 3:00In other words, the costs associated with Regular Plans are higher.
  49. 3:03Because of these higher expenses, Regular Plans generally generate lower returns.
  50. 3:06Why? It's because Regular Plans include commissions paid to distributors and agents,
  51. 3:12and those commissions are deducted from your investment.
  52. 3:15If you look at this example, you'll see that
  53. 3:18the Direct Plan has a 3-year average return of 20.20%.
  54. 3:25Now look at the Regular Plan of the same Mid Cap Fund.
  55. 3:29Its 3-year average return is 19.44%.
  56. 3:32So, it's the same fund, with the same fund manager,
  57. 3:35managed by the same company — everything is identical.
  58. 3:37Yet the Regular Plan delivers lower returns,
  59. 3:39while the Direct Plan delivers higher returns.
  60. 3:42So, the first and most important lesson is this:
  61. 3:45if you're going to run an SIP for the long term—
  62. 3:47for example, if someone continues an SIP for 20 years,
  63. 3:51but makes the mistake of investing through a Regular Plan, he'll hurt his own returns.
  64. 3:56On average, the expense ratio of a Regular Plan is around 1.25%.
  65. 4:03In contrast, the Direct Plan of the same mutual fund
  66. 4:05typically has an expense ratio of around 0.60% to 0.70%.
  67. 4:11Every month, when your SIP installment is deducted,
  68. 4:13a portion of your money will unnecessarily go toward paying commissions.
  69. 4:18That's why, whenever you invest in a mutual fund,
  70. 4:21you'll see the fund's name followed by either "Direct Plan" or "Regular Plan."
  71. 4:26You should not invest in the Regular Plan. That was my first point.
  72. 4:32Now, let's move to the second point, which is also very important.
  73. 4:35Suppose today you're earning ₹30,000 per month,
  74. 4:40and you decide that you're comfortable investing ₹5,000 every month in an SIP.
  75. 4:44Every month, ₹5,000 gets deducted from your account and invested in mutual funds.
  76. 4:50That's a very good habit.
  77. 4:52But the mistake many people make is that
  78. 4:53they continue investing the same ₹5,000 the following year,
  79. 4:54and the year after that as well. Their SIP remains fixed at ₹5,000 forever.
  80. 4:59You should always remember one simple thing.
  81. 5:01First of all, whatever work you do in life,
  82. 5:05your priority should be to grow in that work.
  83. 5:08If you're doing a job, keep improving your skills so that your income starts increasing.
  84. 5:15When your own income grows,
  85. 5:17only then will you be able to invest larger amounts and build wealth more effectively.
  86. 5:20So, if someone is earning ₹30,000 per month today
  87. 5:22and is investing ₹5,000 every month through an SIP,
  88. 5:27their first goal for next year should be to increase their salary.
  89. 5:32If you're earning ₹30,000 today, aim to earn more next year.
  90. 5:34Then aim for another salary increase the following year, and another after that.
  91. 5:37As your salary increases, the amount you invest in your SIP should also increase.
  92. 5:45At the very least, set a target like this: if your SIP is ₹5,000 per month this year,
  93. 5:50then next year it should become ₹5,500 per month.
  94. 5:54In other words, aim to increase your SIP amount by 10% every year.
  95. 6:01To achieve that, keep working on your skills and improve your personal knowledge
  96. 6:05so that your salary continues to grow.
  97. 6:06Otherwise, your income won't increase
  98. 6:08Got the point?
  99. 6:10That's the simple logic. Now, let me explain this with a small calculation.
  100. 6:13Look, remember the example I gave you of two friends?
  101. 6:18Let's take the first friend. He invested ₹5,000 per month.
  102. 6:21We are assuming a 12% annual return.
  103. 6:23This is just an assumption, okay?
  104. 6:25Nobody knows what the market will do—it sometimes goes up and sometimes comes down.
  105. 6:28But if we look at history, the overall trend has been
  106. 6:30that returns generally grow over the long term.
  107. 6:33Now, consider the first example.
  108. 6:35He invested ₹5,000 per month and we are assuming a 12% annual return.
  109. 6:40He continued the same ₹5,000 monthly SIP for 20 years.
  110. 6:43Since he invested ₹5,000 every month, that comes to ₹60,000 per year.
  111. 6:49Over 20 years, his total investment would be ₹12 lakh.
  112. 6:53Even though he invested only ₹12 lakh,
  113. 6:55his investment grew to ₹45,99,000—that is, almost ₹46 lakh.
  114. 7:02Now let's look at the second friend. He also started with a ₹5,000 monthly SIP,
  115. 7:06but he did one smart thing. He decided that he would work on increasing his salary,
  116. 7:09and every year he would increase his SIP by 10%.
  117. 7:14So, this year his SIP is ₹5,000. Next year it becomes ₹5,500.
  118. 7:17The year after that, it increases by another 10%, and so on.
  119. 7:20By following this approach, over 20 years he invested a total of ₹34,36,500,
  120. 7:25and after 20 years, his investment grew to ₹93,56,922.
  121. 7:32Do you see what a huge difference that makes?
  122. 7:34Now, suppose these two friends continued their SIPs for 40 years instead of 20.
  123. 7:38The first friend, who kept investing ₹5,000 per month without increasing it,
  124. 7:42would see his investment grow to ₹4,04,89,65,355 (approximately ₹4.05 crore).
  125. 7:51On the other hand, the second friend, who did a step-up SIP,
  126. 7:53i.e. started with a ₹5,000 monthly SIP and increased it by 10% every year,
  127. 7:57would see his investment grow to ₹15,25,33,207 (approximately ₹15.25 crore).
  128. 8:03Of course, these figures sound very impressive when you talk about them.
  129. 8:07But one thing is obvious:
  130. 8:10the more money you invest, the higher your potential returns.
  131. 8:13Think about it.
  132. 8:14If someone invests only ₹500
  133. 8:16and the market doubles, they will end up with ₹1,000.
  134. 8:21But if someone invests ₹1 crore and the market doubles, they will have ₹2 crore.
  135. 8:26So, the logic is simple: the more you invest,
  136. 8:30the greater your potential returns, provided the market performs well.
  137. 8:35This is why many popular 'finfluencers' (financial influencers)
  138. 8:41present such large numbers and say, "Your investment can grow to this much or that much."
  139. 8:44That's fair enough; I also used similar figures here to explain the concept.
  140. 8:48Practically speaking, increasing your SIP by 10% every year is quite difficult.
  141. 8:51I agree with that. However, if you set it as a goal,
  142. 8:53you'll gradually increase your SIP amount by at least something over time.
  143. 8:56The main point is this: once you've started an SIP with a certain amount,
  144. 9:01if you continue investing that same amount every year, your returns won't be as high.
  145. 9:05But if you keep increasing your SIP amount every year through a step-up SIP,
  146. 9:09your potential returns will also increase.
  147. 9:12Now, let's move to the third point, which is also very important.
  148. 9:15What many people do is that the moment the market falls even a little
  149. 9:18or they see a bit of red on the screen, they panic.
  150. 9:21They say, "Stop the SIP! I'm under pressure. I'm worried.
  151. 9:23I had invested so much, and now my investment value has gone down."
  152. 9:26You need to understand one thing.
  153. 9:29If you're investing in mutual funds with a long-term goal—at least 8 to 10 years or more—
  154. 9:36then mutual funds are the right place to invest.
  155. 9:38But if your goal is to withdraw the money next year,
  156. 9:41or you only need it for one or two years,
  157. 9:42then keep your money in a liquid fund or invest it in an FD.
  158. 9:45In that case, there's no point investing in long-term mutual funds.
  159. 9:47If your money is meant for the long run, then you should invest in mutual funds.
  160. 9:51People keep watching the news and think, "Donald Trump made this statement,
  161. 9:54so the market has fallen. What should I do? Should I sell my investments?
  162. 9:57The Iran war has started again." Or some other disaster has taken place etc., etc.
  163. 9:59The market will never keep going up every single day.
  164. 10:03Likewise, it will never keep falling every single day.
  165. 10:06The very nature of the market is that it has ups and downs. So, stay consistent.
  166. 10:12Here's something you should understand.
  167. 10:15Suppose you started your SIP when the market was high.
  168. 10:19At that time, you would be allotted fewer units.
  169. 10:21Then, when the market falls, why panic?
  170. 10:23When you're buying during a market decline, you're allotted more units.
  171. 10:26Later, when the market rises again, the SIP naturally balances things out.
  172. 10:30So, don't panic. Once you've started your SIP,
  173. 10:32simply stay committed to your investments.
  174. 10:35Just make sure you choose your mutual funds carefully.
  175. 10:37I won't recommend any specific funds in this video
  176. 10:40because this isn't a paid promotion.
  177. 10:43I'm creating this video purely for educational purposes.
  178. 10:47You should either choose the funds yourself
  179. 10:48or select them after consulting a financial expert.
  180. 10:50Personally, I don't like telling people, "Invest in this particular fund."
  181. 10:55If that fund performs very well, you'll say, "Wow, what a great recommendation!"
  182. 10:58But if the fund performs poorly, you'll end up blaming me. That's the simple logic.
  183. 11:01That's why I never recommend specific mutual funds
  184. 11:03by saying, "Invest your money in this fund."
  185. 11:05No. That wouldn't be the right thing to do.
  186. 11:06Got the point?
  187. 11:07Now, we've discussed all the important points,
  188. 11:11and they are very important to understand.
  189. 11:14Next, let me show you how you can actually start investing through an SIP.
  190. 11:19I'll do it live so you can follow along.
  191. 11:22Just a second—I’ll turn on the screen recording as well.
  192. 11:26There are many different investment apps available.
  193. 11:28To be completely honest, you won't find the link to any of them in the description.
  194. 11:31All of these apps have affiliate programs.
  195. 11:33If I wanted to, I could share my referral link,
  196. 11:34ask you to install the app through it, and earn a commission.
  197. 11:37But I'm not going to do that. You can install whichever app you like.
  198. 11:41There’s Angel One, Groww, Zerodha, Upstox, and others.
  199. 11:44They all offer essentially the same features. Use whichever app you prefer.
  200. 11:51They are all equally safe to use.
  201. 11:53I'll just use one app for the demonstration.
  202. 11:56Here, I'm using Angel One as an example.
  203. 11:59This is not a paid promotion.
  204. 12:00You can use whichever investment app you prefer.
  205. 12:02Let's say I've logged into the Angel One app.
  206. 12:06This is what the interface looks like.
  207. 12:09Okay?
  208. 12:10You'll see different options like Stocks, F&O, Mutual Funds, Commodities, FDs, and more.
  209. 12:14I'll tap on the Mutual Funds section.
  210. 12:16Now, scroll down a little.
  211. 12:19You'll see a Filter option.
  212. 12:21Tap on Filter.
  213. 12:23Then scroll down to the Asset Class section.
  214. 12:26Here, you'll be asked where you want to invest your money.
  215. 12:28You can choose from Debt Funds, Equity, Hybrid, Solution-Oriented Funds, or Others.
  216. 12:35In this video, our goal is to learn how to start an SIP
  217. 12:40and invest in Equity, which means investing in the stock market.
  218. 12:44I've already made a separate video on Debt Funds.
  219. 12:46You can watch that if you're interested.
  220. 12:48Debt Funds are meant for people who don't want to take any risk.
  221. 12:51Think of them as being similar to a Fixed Deposit.
  222. 12:52A Fixed Deposit typically gives around 6.5% returns.
  223. 12:55Debt Funds can offer returns of around 7–8%.
  224. 12:58Unlike Equity Funds, Debt Funds carry very little risk.
  225. 13:04They're almost as safe as Fixed Deposits.
  226. 13:06The risk is minimal
  227. 13:07So, if you want FD-like safety, you can consider investing in Debt Funds.
  228. 13:12They generally offer about 1–1.5% higher returns than an FD.
  229. 13:15You can find my Debt Fund video through the I button,
  230. 13:18or I'll link it in the end screen.
  231. 13:19So, those who don't want to take any risk should invest in debt funds.
  232. 13:22Since we're learning how to start an SIP, we'll go with Equity Funds.
  233. 13:24Yes, Equity Funds involve some market risk.
  234. 13:25That's simply how the market works—it goes up and down
  235. 13:29But historically, they've delivered good returns over the long term.
  236. 13:31So, we'll select the Equity option here
  237. 13:34and then click on Apply Filters at the bottom.
  238. 13:37Now, come back to the top.
  239. 13:39The first thing you'll see is Popular.
  240. 13:41I'll click on Popular.
  241. 13:42This will show all the mutual funds that are currently popular
  242. 13:45and have received the highest investments from people.
  243. 13:48For example, you'll see funds like Parag Parikh Flexi Cap Fund
  244. 13:51and Nippon India Large Cap Fund.
  245. 13:53These are some of the popular mutual funds.
  246. 13:54Next, go to Large Cap Funds.
  247. 13:56What are Large Cap Funds?
  248. 13:57Think of them as funds that invest in blue-chip companies.
  249. 14:00These are the top 100 companies in India by market capitalization.
  250. 14:06If you invest in a Large Cap Mutual Fund,
  251. 14:10the fund manager will invest your money only in these large companies.
  252. 14:17hey might choose 10, 20, or 25 companies from India's top 100
  253. 14:23and spread your investment across them.
  254. 14:25Large Cap Funds are generally considered safer investments.
  255. 14:28Although their returns are usually lower,
  256. 14:30they offer a level of stability similar to an FD.
  257. 14:32Why?
  258. 14:32Because it's highly unlikely that
  259. 14:33you'll wake up one morning and hear that Reliance has gone bankrupt.
  260. 14:36Or that Tata has suddenly collapsed.
  261. 14:40Similarly, you won't wake up one day and find that
  262. 14:44Reliance's market capitalization has doubled overnight.
  263. 14:49That's simply not possible because it's already a very large company.
  264. 14:52Such companies don't double in size overnight.
  265. 14:53That's why their returns are relatively moderate.
  266. 14:56And that's also why the risk is lower.
  267. 14:58So, if you're looking for an investment that's relatively safe—similar to an FD—
  268. 15:01you can start with a Large Cap Fund.
  269. 15:03Next, we have Mid Cap Funds.
  270. 15:05These are all Mid Cap Mutual Funds.
  271. 15:07So, which companies does the fund manager invest in here?
  272. 15:10These funds invest in companies ranked 101 to 250 in India by market capitalization.
  273. 15:16These 150 companies are known as Mid Cap companies.
  274. 15:20What's special about them?
  275. 15:21They generally offer better returns than Large Cap Funds.
  276. 15:25However, they also carry slightly higher risk
  277. 15:26because these companies aren't as large or as established.
  278. 15:29But why do they have the potential to generate higher returns?
  279. 15:30Because if even one or two of these companies grow into blue-chip companies,
  280. 15:34your investment can grow significantly.
  281. 15:36On the other hand, if one or two of these companies fail,
  282. 15:38the value of your investment may also decline.
  283. 15:40Got the point?
  284. 15:41Next, we have Flexi Cap Funds.
  285. 15:43But first, let's understand Small Cap Funds.
  286. 15:46A Small Cap company is any company
  287. 15:50that is ranked below 250 in terms of market capitalization.
  288. 15:55The risk is much higher. But the potential returns can also be much higher.
  289. 15:57Why?
  290. 15:58Because these are smaller companies.
  291. 15:59If one of them grows into a Mid Cap company,
  292. 16:01the value of your investment can increase significantly.
  293. 16:02And if it eventually becomes a Large Cap company, your investment can grow even more.
  294. 16:05Do you understand the idea?
  295. 16:07But since these are small companies, they also have a much higher chance of failing.
  296. 16:09You can think of them as startups that have grown a bit larger.
  297. 16:13So, these are Small Cap companies.
  298. 16:15So, higher risk, but also higher return potential.
  299. 16:17Now, do you know what's usually the best option?
  300. 16:19If you're a beginner, just go with an Index Fund.
  301. 16:22So, what is an Index Fund?
  302. 16:24An index fund simply tracks a particular market index.
  303. 16:27For example, here's the UTI Nifty 500 Value 50 Index Fund.
  304. 16:34The Nifty 500 consists of the top 500 companies in India.
  305. 16:40The fund manager selects companies from those 500 and invests your money in them.
  306. 16:46Since it includes companies from the top 500,
  307. 16:48your investment is spread across Large Cap, Mid Cap, and Small Cap companies.
  308. 16:51That means your portfolio becomes more diversified.
  309. 16:54Let's look at another example. Scroll down a little.
  310. 16:57Here's the Axis Nifty Smallcap 50 Index Fund.
  311. 17:02This fund tracks companies in the Small Cap segment.
  312. 17:06In simple terms, it invests in companies ranked roughly between 251 and 300.
  313. 17:14Similarly, there can be a Nifty 50 Index Fund,
  314. 17:15which invests only in India's top 50 companies.
  315. 17:21Or there could be a Bank 50 Index Fund,
  316. 17:24which invests only in the top 50 banking companies in the country.
  317. 17:28There can also be a Pharma 10 Index Fund,
  318. 17:31which invests only in the top 10 pharmaceutical companies in India.
  319. 17:35There are many different types of index funds like these.
  320. 17:37I'm not going into too much detail here, otherwise this video would become very long.
  321. 17:42Now, let me show you how to actually start an SIP.
  322. 17:44Let's say we choose an Index Fund.
  323. 17:46For example, the first one here is the UTI Nifty 500 Value 50 Index Fund.
  324. 17:50Suppose I select this fund.
  325. 17:52Actually, let's go back.
  326. 17:54Let's open the Popular Funds section instead.
  327. 17:57Let's say we choose the Parag Parikh Flexi Cap Fund.
  328. 18:00This is just an example.
  329. 18:02I'm not referring or recommending any specific fund.
  330. 18:05This video is purely for educational purposes.
  331. 18:08Okay?
  332. 18:09There are no affiliate links in the description,
  333. 18:11and I'm not promoting any investment app.
  334. 18:12If you're finding this session helpful
  335. 18:14and you'd like to see more videos like this,
  336. 18:16please support the channel by sharing this video with your friends,
  337. 18:19liking the video, and subscribing to the channel.
  338. 18:23Now, let's say I want to invest in the Parag Parikh Flexi Cap Fund.
  339. 18:27I'll simply tap on it.
  340. 18:28Now it's asking whether I want to start an SIP or make a one-time investment.
  341. 18:32Let's say I choose a one-time investment.
  342. 18:34I can invest ₹1 lakh, ₹10 lakh, or any amount I want.
  343. 18:39Then I'll tap on the Pay button.
  344. 18:41The entire amount will be invested as a lump sum in one go.
  345. 18:45There's no need to invest every month.
  346. 18:47However, it's generally better to start an SIP.
  347. 18:50It states that the minimum investment is ₹1,000.
  348. 18:53I'll enter ₹1,000 here.
  349. 18:55Then I'll tap on Pay ₹1,000.
  350. 18:58Now I'll complete the payment using Google Pay.
  351. 19:02Okay?
  352. 19:03Since I'm using Google Pay, it may stop the screen recording for security reasons.
  353. 19:06That's okay.
  354. 19:06As you can see, the screen recording has paused,
  355. 19:08and I'm back on the Angel One app.
  356. 19:11It's taking a few moments to load.
  357. 19:12Google Pay doesn't allow screen recording during the payment process,
  358. 19:15which is why the phone screen disappeared for a moment.
  359. 19:18No problem. It's just taking a little time to load. I'm waiting here as well.
  360. 19:20I want to show you the entire process live.
  361. 19:24Okay?
  362. 19:25Alright, the Complete Payment option is now visible.
  363. 19:28Let me quickly finish the payment.
  364. 19:29Then I'll show you the next steps.
  365. 19:34Just a moment.
  366. 19:36Now, as you can see, this is the Angel One app.
  367. 19:39And my payment has been completed successfully.
  368. 19:42I'll minimize this and return to the Angel One app.
  369. 19:45There you go. The ₹1,000 SIP has been successfully invested.
  370. 19:49Let me turn the screen recording back on for a second so you can see it clearly.
  371. 19:52Got it?
  372. 19:53Now you can see that the ₹1,000 SIP has been invested.
  373. 19:58The SIP was registered on 18 July 2026.
  374. 20:00This means the first SIP installment was deducted on 18 July 2026.
  375. 20:02Next month, it will be deducted again on the 18th.
  376. 20:04From now on, my ₹1,000 SIP will continue to be deducted automatically every month.
  377. 20:09One more very important point slipped my mind.
  378. 20:12I'm really sorry about that.
  379. 20:14The point is this:
  380. 20:15we started the SIP today, right?
  381. 20:18So the next SIP installment will also be deducted on the 18th of the month.
  382. 20:20But honestly, the 18th isn't a very good date for most people to schedule an SIP.
  383. 20:25Why?
  384. 20:26Because most people receive their salary either on the 1st of the month
  385. 20:29or, in some cases, on the 10th.
  386. 20:31That's true, isn't it?
  387. 20:32Now imagine your salary comes on the 1st.
  388. 20:34I showed you a demo SIP of ₹1,000.
  389. 20:39But let's say your salary is ₹30,000, and your actual SIP is ₹5,000.
  390. 20:44If your salary comes on the 1st, but your SIP gets deducted on the 18th,
  391. 20:47it becomes difficult to keep ₹5,000 aside for 18 days.
  392. 20:52That's not a good way to manage your money.
  393. 20:53If your salary comes on the 1st,
  394. 20:55your SIP date should ideally be the 2nd or 3rd of the month.
  395. 21:00Your salary comes in, the SIP gets deducted immediately—that's it.
  396. 21:03If your salary is ₹30,000
  397. 21:04and ₹5,000 is invested through your SIP, you'll have ₹25,000 left.
  398. 21:06After that, you can decide how much to spend, save, or invest elsewhere.
  399. 21:11There's a very good rule in personal finance:
  400. 21:13The moment your salary arrives, save first and spend later.
  401. 21:20Never do the opposite.
  402. 21:21If someone says,
  403. 21:23"I'll spend first, and whatever is left at the end of the month, I'll save,"
  404. 21:28they're unlikely to build wealth.
  405. 21:31As soon as your salary arrives, save first.
  406. 21:34Then spend what's left.
  407. 21:36That's the habit that helps you become financially successful.
  408. 21:38Over time, you'll build a substantial amount of wealth.
  409. 21:40Earning money is one thing.
  410. 21:42But truly successful people are those who know how to save and grow their money.
  411. 21:44It's as simple as that.
  412. 21:46With that, I'm ending this video.
  413. 21:48Keep working on your skills.
  414. 21:50Increase your active income.
  415. 21:52As your active income grows, your passive income will naturally start growing as well.
  416. 21:56Okay?
  417. 21:57Invest wisely.
  418. 21:59Start your SIP.
  419. 22:00Diversify your investments across different funds.
  420. 22:03You can also watch my other video
  421. 22:04where I've shared my complete investment strategy
  422. 22:06and explained the best way to build your investment portfolio.
  423. 22:12I'll add the link in the "i" button and also on the end screen.
  424. 22:16Keep learning.
  425. 22:17Improve your financial knowledge.
  426. 22:19Watch quality educational content.
  427. 22:20nvest your time in the right things.
  428. 22:22I did my best in this video to explain SIPs in the simplest possible way
  429. 22:25so that even a complete beginner can understand what an SIP is,
  430. 22:29what points to keep in mind, and how to start one.
  431. 22:34If you found this session helpful, please like the video and subscribe to the channel.
  432. 22:38I'll see you in the next video.
  433. 22:39Until then, this is the end of the video.
  434. 22:40Thanks for watching, and thank you all.

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