Decoding Your ₹10 Lakh Goal in 3 Years for crucial financial milestones like a car, trip, or education. Let's find your best strategy!
Anita & Rahul need ₹10 Lakh fast. For a car downpayment or European trip, is it Debt or Equity Mutual Funds? This 3-year timeline is key!
For critical goals under 3-5 years, capital preservation is paramount. Debt funds invest in bonds, offering stable 6-7% p.a. returns with lower risk.
Equity funds offer high growth long-term but are volatile. Short 3-year periods risk market crashes and capital loss. Avoid for urgent, non-negotiable goals!
Balanced Advantage Funds dynamically mix equity/debt. Less volatile than pure equity, but still carry market risk. Best for 3-5 year goals with some appetite for risk.
Debt (6-7%): ~₹25-27k/month. Hybrid (9-10%): ~₹23-24k/month. Equity (12-15%): ~₹20-22k/month. For critical goals, prioritize certainty over highest returns.
Ready to achieve your financial goals? Use our SIP and Goal Calculators at sipplancalculator.in to plan your investments effectively today!