Dreaming of a global education for your child or a an executive MBA? ₹10 lakhs in 5 years is achievable with smart planning! Let's unlock the secret.
Education costs are soaring, but don't get overwhelmed. A SIP (Systematic Investment Plan) calculator is your best friend to methodically plan your ₹10 lakh corpus.
Goal: ₹10L. Timeline: 5 years. Expected Return: 12%. Monthly SIP needed: ~₹12,000! Yes, less than ₹12k/month can build ₹10 lakhs. See the power of compounding!
For a 5-year horizon, consider Flexi-Cap, Large & Mid-Cap, and Balanced Advantage Funds. They balance growth with relative stability. Diversify, don't chase returns!
Increase your monthly SIP by a fixed % (e.g., 10%) annually, aligning with salary increments. Start smaller, reach your ₹10 lakh goal faster and with less burden!
Never stop SIPs during market dips! Don't chase past returns, neglect annual portfolio reviews, or underestimate education inflation. Stay consistent & review regularly.
Take the crucial first step today! Use our SIP Goal & Step-Up Calculators at sipplancalculator.in to map out your ₹10 Lakh education fund. Start investing smart!