Got a lumpsum sitting idle? Investing ₹10 lakh in mutual funds for 7 years unleashes compounding. Your earnings start earning, making your money snowball into a much larger sum. Patience is key for substantial growth!
Equity mutual funds target 10-15% p.a. over 7 years. Your ₹10 Lakh could grow to: ~₹22.11 Lakhs (12% p.a.) or ~₹28.27 Lakhs (16% p.a.)! Higher returns come with higher risk.
Align funds with your risk appetite. Flexi-cap for adaptability, Large-cap for stability, Multi-cap for diversification. Cautious? Balanced Advantage Funds manage risk dynamically. No one-size-fits-all!
Don't ignore inflation, which erodes buying power. Factor in Capital Gains Tax (LTCG for equity). Also, watch out for the expense ratio – it quietly eats into your returns every year. Plan smartly!
Don't chase past returns, panic during dips, or ignore your risk profile. Diversify; avoid putting all ₹10 Lakh in one fund. Review your portfolio yearly. Stay disciplined and calm.
Don't let your ₹10 Lakh sit idle! Explore its growth potential. Use our free online calculators at sipplancalculator.in to project your mutual fund returns today. Your financial future awaits!