A 10-year investment horizon is considered "medium-to-long term" in India. It is the perfect timeline for major life goals such as funding your marriage, buying your first house, or starting a business venture.
In 10 years, your SIP usually completes 1-2 full market cycles in India. Here's how ₹10,000 per month grows at 12% CAGR:
As you can see, in just 10 years, your interest earned is almost equal to the principal you invested!
Will you have enough for a down payment in 10 years? Use our SIP calculator to find out now.
Check 10-Year ReturnsSince 10 years is relatively short compared to retirement planning, you might want to consider a mix of Large-cap and Mid-cap mutual funds. Large-cap funds provide stability, while Mid-caps can provide the "extra" boost required to reach your goals faster.
Over a decade, your income is likely to double or even triple. Increase your SIP by 10% every year. A ₹10,000 SIP that "steps up" by 10% annually grows to ₹35 Lakhs in 10 years-over ₹11 Lakhs more than a flat SIP!