The 7-5-3-1 Rule in SIP investing emphasizes a seven-year investment horizon, diversification across five asset classes, and mental fortitude through varying return phases. Increasing SIP amounts annually can boost long-term goals, leading to more successful equity investments.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs