Why Should You Invest?
Investing ensures present and future financial security. It allows you to grow your wealth and at the same time generate inflation-beating returns. You also benefit from the power of compounding.
Furthermore, investments have the potential to meet your financial goals, such as purchasing a house, accumulating retirement corpus, and building an emergency fund, among others.
Investing instils a sense of financial discipline as you develop a habit of setting aside a particular amount every month or every year towards your investments.
Some investment vehicles like Equity Linked Savings Scheme (ELSS), Public Provident Fund (PPF), National Pension System (NPS), etc., help to minimise your tax liability.