Dreaming of hitting big financial goals? Whether it's ₹1 Cr for education or ₹5 Cr for retirement, we're diving into how much SIP you need to target a powerful 15% annual return. Let's make that dream a tangible plan!
For equity mutual funds over 10-15+ years in India, yes! Historically, indices like Nifty 50 have shown this potential. But it's an *average* and not guaranteed. Consistency in well-chosen funds is key.
Priya needs ₹21,154/month for ₹1 Cr in 15 years. Rahul needs ₹49,200/month for ₹5 Cr in 20 years. These numbers at 15% CAGR show significant commitment is required.
Can't start with a large SIP? Step-Up SIPs are your secret weapon! Increase your investment by 10% annually. Priya could hit ₹1 Cr 2 years *earlier* starting with less initial outlay.
Market dips are normal, not a reason to panic. Stopping SIPs during corrections means missing rupee cost averaging and the subsequent recovery. Stick to your plan; real wealth is built over decades.
Don't stop SIPs during dips. Avoid chasing 'hot' funds based on short-term returns. Always increase SIPs with salary hikes. Don't ignore asset allocation. Keep it simple and consistent!
Ready to calculate YOUR SIP? Head to sipplancalculator.in for free Goal-Based & Step-Up SIP Calculators. Start your journey to achieving your financial goals today!