SIP in Mutual Funds for Zero Interest Home Loan

SIP in Mutual Funds for Zero Interest Home Loan
Investing in Equity Funds through SIP is one of the best ways of building wealth in the long run. However, SIP in Equity Funds can also help you get a home loan interest-free. If you take a home loan you will incur a huge interest payment across its tenure. You may not feel this amount flowing out of your bank account as you may be able to easily handle the monthly home loan EMIs. However, the fact remains that you are paying a lot of interest to the bank on your home loan. You could start an SIP in Equity Funds with just 0.1% of the Home Loan Amount at the same time you avail the home loan. You will get a sizable corpus from your Equity Funds at the end of the Home Loan Tenure which will be higher than the total home loan interest payments. This helps you get the home loan at zero interest.
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Disclaimer: These are not any recommendations for any funds or stocks and are meant only for educational purposes.