Dreaming of a big goal? A down payment, education fund, or travel? Let's break down how to hit ₹5 Lakh in just 3 years with your first SIP!
Like Anita, have a clear goal? ₹5 Lakh for a down payment in 3 years? Let's break down exactly how much you need to invest monthly to make it happen.
Aiming for 8-10% annual returns for a 3-year goal, you'll need to invest approximately ₹12,200 - ₹12,800 monthly. Consistency is key!
Pure equity funds can be too volatile for short goals. Opt for Balanced Advantage Funds or Aggressive Hybrid Funds for growth with moderated risk.
Automate your SIPs, review annually, and keep your goal clearly in mind. As you near 3 years, gradually shift to safer funds to protect your gains.
Don't go all-in on aggressive equity for short terms. Avoid analysis paralysis, stopping SIPs during market dips, or chasing past returns. Start NOW!
Ready to achieve your financial goals? Use our smart SIP calculators to find your perfect investment plan. Visit sipplancalculator.in now!