Eyes on a BMW, Mercedes, or Audi? That ₹25 Lakh down payment for a luxury car feels closer than ever. But how much do you REALLY need to invest to make it happen?
That ₹25L today could be ₹30-32L in 3 years! Account for inflation (5-7% annually), registration, insurance, and accessories. Plan for the true cost.
A lump sum kicks it off, but consistent SIPs build steady wealth. Salaried pros benefit from rupee-cost averaging. Combine them for optimal growth!
For 2-5 year goals, balance growth with stability. Consider Flexi-Cap Funds, Balanced Advantage Funds (BAFs), or Large & Mid-Cap Funds. Diversify wisely.
Don't let your SIP stay static! Increase it annually (e.g., 10%) as your income grows. Reach your car goal significantly faster and leverage compounding.
Don't underestimate costs, pick the wrong fund for your timeline, ignore your risk, or stop SIPs during dips. Keep goals separate for success!
Stop dreaming, start planning! Use our Goal SIP and Step-Up Calculators to map your journey to that luxury car down payment today. Visit sipplancalculator.in