Make your mutual fund SIP large enough to be able to meet your financial goals: View

If over the last 10 years you had invested Rs 10,000 a month through an SIP in a middling equity fund, you would have had Rs 22 lakh by now. While this may seem like a miracle for those used to bank fixed deposits and PPF returns, by the standards of long-term investments in equity funds, this is nothing remarkable. In fact, top funds would have resulted in a Rs 27-35 lakh corpus, but let’s just focus on a thoroughly average one for the moment because my point is something different.

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