It’s important to chart a well-planned investment roadmap and stay committed to achieve the Rs 5 -rore milestone. You can also diversify your investments across multiple mutual fund categories or asset classes.
Consistency: Stick to SIPs through market ups and downs. Timing the market often leads to missed opportunities.
Step-up SIPs: Consider increasing your SIP amount annually as your income grows.
To create a Rs 5-crore corpus in 20 years, you must combine discipline, patience and the right investment strategy. Starting early gives your money more time to grow. Even a small delay can significantly raise the monthly amount needed. Use SIP calculators, consult a financial advisor and review your plan periodically.
