Aim for 12-14% annual returns. You'll need ₹19,000-₹22,000 monthly SIP to hit ₹50 lakhs. A significant but achievable goal for your child's future.
Inflation eats wealth. Increase your SIP by 10% annually as your salary grows. A ₹15k SIP with 10% step-up can yield ₹58-60 lakhs! Make your money work harder.
For 10 years, consider Flexi-Cap, Large & Mid Cap, or Balanced Advantage Funds. Diversify wisely with a consistent track record. Seek advice for specific picks.
Avoid starting late, stopping during market falls, or chasing 'hot' funds. Review annually, factor inflation, and stay disciplined for long-term success.
Start small but start NOW. Always choose Direct Plans for lower fees. Annually review your portfolio. The earlier you start, the less you need to invest monthly.
Ready to calculate your child's financial future? Use our Goal SIP & Step-Up SIP calculators on sipplancalculator.in to personalize your plan today!