Start by fixing your target
A financial goal becomes easier when you convert it into two numbers: the amount you want and the years you have. Here the target is Rs 50 lakh and the timeline is 15 years. Once this is clear, the only question left is how much you must save every month to get there. The answer depends on the return your investments earn, which is why selecting the right mix matters as much as picking the right monthly amount.
Understand how your money will grow
For long-term goals, the most reliable engine for growth is equities. Over 10 to 15 years, equity mutual funds have historically delivered higher inflation-beating returns compared to fixed deposits or recurring deposits. The easiest way to tap this growth is through a systematic investment plan in equity funds. This spreads your investments across market cycles and allows compounding to do the heavy lifting. To support this, you can add a smaller portion in high-quality debt funds to reduce volatility. Think of equity as the part that grows your money and debt as the part that keeps your plan stable so you do not abandon it midway.
How much you need to save each month
To actually reach Rs 50 lakh in 15 years, your monthly SIP must match the expected return. If your funds earn around 9 percent a year, you need to invest roughly Rs 13,213 every month. At a 10 percent return, the required monthly SIP is about Rs 12,063. If your portfolio earns around 11 percent, saving close to Rs 10,996 a month can take you to the goal. And if long-term returns reach 12 percent, a monthly SIP of about Rs 10,008 is enough.
These numbers show that the amount you need to save is directly linked to the return your investments can reasonably generate. It also shows that you do not need to save the full Rs 50 lakh yourself. Depending on the return, you are actually contributing only Rs 18 lakh to Rs 24 lakh over 15 years. The remaining corpus is created by compounding.
Build a plan that gets you to Rs 50 lakh
Once you know your number, turn it into a monthly SIP and let it run automatically. Review your portfolio once a year and add funds only when your income rises. If the required SIP seems high at the start, begin with what you can afford and use a step-up SIP so that your monthly amount increases gradually. This ensures you stay invested even when markets fluctuate.
The path to the Rs 50 lakh corpus
Saving Rs 50 lakh in 15 years is not about timing the market or picking exotic products. It is simply about deciding the monthly amount, choosing an equity-heavy portfolio, adding some debt for balance and investing every month without interruption. Time and discipline will take care of the rest.
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