Use a SIP calculator for smart savings!
That chunky upfront amount for your new car feels like a huge hurdle. Most save in savings accounts or emergency funds – both inefficient or risky!
Why let inflation eat your money? A Systematic Investment Plan (SIP) helps your money work harder, offering discipline & potential growth for your goal.
For 1-3 years, avoid pure equity. Opt for Balanced Advantage Funds, Aggressive Hybrid, or short-term Debt Funds for growth with managed risk.
Input target amount, time, & expected returns. For a ₹2.4L down payment in 2 years, you might need ~₹9,000/month (e.g., @11% p.a.).
Don't keep money idle! Avoid pure equity for short-term. Factor in total costs (reg, insurance) & start early. Review your progress often!
Ready to make your car dream a reality? Calculate your ideal SIP amount. Head over to sipplancalculator.in to start planning now!