A smart, stress-free way to gift freedom.
Gift your child their first car, not a debt. A ₹20-25 lakh car in 15 years seems huge, but SIPs in mutual funds make this a smart, achievable reality.
Turn a massive future expense into small, monthly contributions. Start early, invest consistently, and let the magic of compounding build your child's car fund over time.
With a 15-year horizon, equity SIPs can yield 12-15% p.a. Invest ~₹5,500/month for 15 yrs @ 12% p.a. to reach ₹20 lakh for their dream car!
For long-term goals, consider Flexi-Cap, Large-Cap, or Balanced Advantage Funds. Avoid concentrated sector funds. Diversification is key for your child's future.
Don't start late, stop during dips, or chase 'hot' funds. Step up your SIP annually (5-10%) and de-risk investments as you near the goal.
Ready to calculate your child's car fund? Use a reliable SIP calculator to plot their future ride! Visit sipplancalculator.in