Listen to this articleYou’re investing in mutual funds with a specific goal in mind, but do you always remember the year in which your goal needs to be achieved?
What if making a small adjustment in your investment strategy could constantly keep your goal in focus, day by day? This is what we call the Miracle SIP.
For example, if you need ₹10,000 for your child’s education in 2040, you increase your SIP to ₹10,040. The extra ₹40 keeps the target year in focus, reminding you of your goal and motivating you to stick to your investment plan.
The additional ₹40 in your monthly SIP will constantly remind you of the year you need the money.
Miracle SIP helps you stay on track by linking your SIP amount with your goal’s timeline. It also prevents the temptation to withdraw from your investments prematurely, ensuring your financial goals are met.
Let’s assume a 30-year-old individual is investing ₹40,000 per month through SIP for goals like their child’s education, marriage, retirement, and emergency funds.
If they follow the investment strategy outlined in the table, wouldn’t it be safe to say their financial goals will be easily achieved?
| Goal | Target Year | Regular SIP (₹) | “Miracle” SIP (₹) |
| Child’s Education | 2040 | 10,000 | 10,040 |
| Marriage | 2045 | 10,000 | 10,045 |
| Retirement | 2055 | 10,000 | 10,055 |
| Emergency Fund | 2025 | 10,000 | 10,025 |
When you invest using this method, won’t the goal and its target completion date constantly remind you along the way?
Until the goal is achieved, won’t you be less likely to withdraw your investment? Why not start this Miracle investment strategy right from the new year?
Final Takeaway
By adopting the Miracle SIP strategy, you’re not just investing – you’re building a constant reminder of your financial goals. Small adjustments can lead to big results, ensuring that your goals are always front and center.
Why wait for tomorrow? Start today, and make the new year the perfect time to transform your financial future with Miracle SIP!
