Rahul just bought his dream home, but that ₹50 lakh home loan pinches! How can he prepay it faster, smarter? Most of us are in the same boat. Let's explore how to use mutual funds for debt-free living.
Your home loan charges 8.5%? Your mutual fund investments should aim for 12-15% over the long term. That difference is your path to faster prepayments and financial freedom!
Like Priya, invest a fixed amount monthly. SIPs use 'Rupee Cost Averaging' to buy more units when markets are down, less when up. Builds wealth steadily, without market timing stress.
Vikram got a bonus! Investing a big sum can yield high returns if timed right. But market volatility is a risk. Use a Systematic Transfer Plan (STP) for safer entry & rupee cost averaging.
SIP builds corpus consistently over 5-7 years, ideal for steady income. Lumpsum (or STP) accelerates goals with large capital. Match strategy to your cash flow & risk appetite for best results.
Don't invest in equity MFs for <5 years. Use 'step-up SIPs' to increase investments annually. De-risk by shifting to debt funds 1-2 years before prepayment to protect your corpus.
Ready to crunch your numbers? Use our powerful SIP and Goal-based calculators at sipplancalculator.in to map out your debt-free future today! Start planning, start saving!