How to save ₹30 Lakh for a home down payment in 5 years. Unlock your dream home with smart investing strategies!
Salaried professionals often face this. SIPs offer discipline, rupee cost averaging, and are ideal for regular income. Lumpsum is a one-time big investment.
To save ₹30 Lakh in 5 years, aiming for 12% annual return, you'd need to invest ~₹36,000-₹37,000 monthly. Strategies help bridge this gap!
Increase your monthly SIP by 10-15% annually (with appraisals!). This powerful strategy dramatically closes the gap, making your ₹30 Lakh goal more achievable.
Don't let bonuses sit idle. Use a Systematic Transfer Plan (STP) into equity funds, or invest directly during market dips. Closer to goal, move to debt funds.
In the last 12-18 months, gradually shift your equity investments to safer debt or balanced advantage funds. Shield your ₹30 Lakh from market volatility.
Start planning your home down payment today! Use the SIP and Step-Up Calculators at sipplancalculator.in to see your dream become a reality.