How ₹2,000/month builds wealth, and how to reach ₹10 Lakhs in 10 years!
Investing ₹2,000/month for 10 years (at 12-15% returns) realistically builds ₹4.6 - ₹5.5 Lakhs. Still amazing growth on ₹2.4 Lakhs invested!
To *actually* reach ₹10 Lakhs in 10 years (at 12-15% returns), an SIP of ₹3,500 - ₹4,300 monthly is needed. Not an astronomical amount!
Can't start with ₹4K? Use Step-Up SIP! Increase your contribution annually (e.g., 10%). A ₹2K SIP + 10% step-up can reach ~₹6.7 Lakhs in 10 yrs (15% CAGR).
Don't overthink! Start with: 1. Large-Cap Index Funds (Nifty 50) 2. Flexi-Cap Funds (diversified) 3. Balanced Advantage Funds (risk-averse autopilot).
Avoid these wealth killers: 1. Stopping SIPs during market dips. 2. Trying to time the market. 3. Unrealistic expectations. Stay consistent & patient!
Ready to see your money grow? Use our powerful SIP and Step-Up Calculators to chart your course to financial freedom! Visit sipplancalculator.in