Edelweiss MF CEO Radhika Gupta Urges India To ‘Keep Investing’ In SIPs

"First Mercedes then medicines. Everyone’s worried about being beaten by SIPs. But small correction — SIP is not a spend, but an investment in the future. Keep investing India," Gupta wrote on X

Radhika Gupta, Managing Director and CEO of Edelweiss Mutual Fund (Edelweiss MFs), has again used social media to promote the benefits of investing in Systematic Investment Plans (SIPs). A strong advocate for SIPs, Gupta frequently shares insights and encourages her followers on X (formerly Twitter) to allocate a portion of their earnings to these investment plans. 

She has consistently highlighted her belief in the value of SIPs as a prudent financial strategy for better return on investment.

Gupta wrote in the post on X, "First Mercedes then medicines. Everyone’s worried about being beaten by SIPs. But small correction — SIP is not a spend, but an investment in the future. Keep investing India.”

In her post, Gupta shared data highlighting a significant trend, which showed that in March 2024, India's monthly spending on SIPs surpassed expenditures on medicines. She encouraged her followers to "keep investing" in light of this remarkable shift.

Many internet users supported Gupta’s idea of investing in SIP; one user commented, “Indeed! SIPs being classified as investments rather than spending is a crucial distinction. While spending on medicines is often a necessity, investing in SIPs is a choice that empowers individuals to build a secure future. I think it’s about shifting our mindset from viewing money as something to spend to seeing it as a tool for growth.”

“Just as we prioritise our physical health, we should also focus on our financial health. After all, financial stress can lead to health issues, so investing in SIPs can be seen as a preventive measure for both our finances and well-being,” added another user.

Earlier in May 2024, Gupta shared a behind-the-scenes video from the set of Shark Tank India, where she urged staff to start investing in mutual funds through SIPs.

In the video, Gupta was seen advising and motivating the team to explore mutual fund investments. She captioned the post, "Can’t take the Mutual Fund CEO out of me, even behind the shoots of Shark Tank. This conversation is a reminder of how many people still need to learn about the power of MFs and start investing… and for my MFD friends, a nudge that a lot of people are looking for guidance and advice!”