Your dream second home is achievable! Let's map out how much to invest monthly to reach your down payment goal in 10 years. Get ready to plan smart!
Don't just dream, define! A ₹80L property today could be ₹1.43 Cr in 10 years due to inflation. Your ₹20L down payment becomes ₹35.75L. Future-proof your goal!
Aim for 12-15% p.a. from equity funds over 10 years. To hit a ₹35.75L target, you'd need ~₹12,200 - ₹15,400 monthly. Power of compounding is key!
For 10 years, look at Flexi-Cap or Large & Mid-Cap funds. Balanced Advantage Funds can smooth volatility. Diversify with 2-3 funds, check performance & costs.
Can't afford the initial SIP? Start smaller (e.g., ₹10k) & increase by 10% annually. It aligns with income growth & helps hit goals faster. A true game-changer!
Never ignore inflation. Don't stop SIPs in market dips – that's when you buy more! Review annually & don't get greedy near the end; shift to safer debt.
Ready to calculate your dream SIP? Head to sipplancalculator.in for personalized numbers. Your second home is closer than you think!