Building your child's foreign MBA fund? Discover which investment strategy can get you to ₹50 Lakhs faster.
Parents across India dream of foreign MBA for their kids. But how do you build that ₹50 Lakhs+ corpus? It's the classic choice: a big lump sum or disciplined monthly SIPs?
Invest a big chunk & ride market highs. Great if timed perfectly, like March 2020. But market timing is a myth; investing before a crash is stressful. Use a Staggered SIP if you have one.
Systematic Investment Plans (SIPs) are ideal for salaried. Rupee Cost Averaging buys more units when markets are down, smoothing returns. Builds discipline & reduces market timing stress.
Salaries grow, why shouldn't your SIP? Increase your monthly SIP amount by a % annually. This simple step can add lakhs more to your corpus, leveraging your rising income for rapid growth.
Don't delay! Start early. Factor in 8-10% foreign education inflation. Avoid overly conservative funds for long-term goals. Stay invested; don't panic sell during market dips.
Ready to make that foreign MBA dream a reality? Use our Goal SIP Calculator to find out how much you need to invest monthly. Start your planning today at sipplancalculator.in!