-
Introduction
to SIP -
How SIP can help you
achieve your dreams -
Every delay in
investing 'Costs' you -
Enhance your Investment
with a Boost
to get started on your wealth creation journey.
A Convenient and Flexible Investment Route
Disciplined Investing Leads to Higher Returns
Achieve Financial Goals
SIP is a convenient method that can help create wealth. Using this tool, you can invest as little as Rs. 500 on a monthly or quarterly basis. It does not disrupt your household budget.
You also have the flexibility of choosing your investment amount. The only rule - the investment amount should be in multiples of 500 i.e. when investing you can invest Rs. 500, Rs. 1000, Rs. 1500, Rs. 2000 so on and so forth.
This style of investing turns dreamers into disciplined investors.
You probably will ask ‘how much wealth investing Rs. 5000 per month can create?’ More than you realize!
In 1 year, you would have invested Rs. 60,000.
If you assume that the mutual fund in which you have invested has delivered 12% returns, then your investment is now worth Rs. 64,047, as you could have earned Rs. 4047 in returns.
In 2 years, you will have invested Rs. 1,20,000 and your investment value could be Rs. 1,36,216, which means you have earned Rs. 16,216 in returns.
Imagine how much your investment will be worth in 10 or 20 years and the number of financial goals this ‘little’ investment can help you fulfil.
| Amount Invested | ₹ 60,000 | ₹ 1,20,000 | ₹ 12,00,000 |
| Returns Earned (based on a 12% rate of return) |
₹ 4,047 | ₹ 16,216 | ₹ 37,95,740 |
| Investment Worth (at the end of the year) |
₹ 64,047 | ₹ 1,36,216 | ₹ 49,95,740 |
The above table is a hypothetical example that explain the concepts of SIP functioning concept. Past performance is no guarantee of future returns.
You probably have multiple goals that you want to achieve from going on luxurious vacations to buying your dream home to many more. Trying to generate sufficient funds to fulfil all these goals can feel overwhelming. It doesn’t have to be!
An effective method of achieving your goals is to break-up your big life dreams into smaller more achievable goals.
Begin by listing down your goals. For example, taking your family of 3 to Goa, paying for your daughter’s education and planning for your retirement.
Determine how much money you will need to fulfil these goals today. For example, taking your family of 4 to Goa will cost Rs. 1, 00, 000, paying for your daughter’s higher education will cost Rs. 3, 00, 000 and retiring comfortably based on your lifestyle will require Rs. 50, 00, 000.
Determine by when you will require the money to achieve these goals. For example, you will take your family to Goa in 1 year, you will need to pay for your daughter’s higher education in 5 years and you will need money for retirement in 15 years.
Determine the cost of achieving these dreams in the respective year. Use our SIP calculator to determine how much you need to invest to have enough money to fulfil your dreams at the right time. Click for SIP calculator- Start a SIP for each individual goal. You will find these big dreams easier to achieve.
These are just some of the benefits of starting a SIP.
- Decide your investment amount.
- Select your investment frequency.
- Set a Date.
- Choose a Mutual Fund for SIP. (Don’t know which fund to invest in? Check out our Top 5 Mutual Funds for SIP)
Once the set-up is complete, the process takes place automatically – no additional effort required from you.
You live your life – while your money goes to work, earning additional money for you.
Interested in starting a SIP?
Click here to get started
How SIP Can Help You Achieve Your Goals
SIP or systematic investment plan is a handy investment tool that can help you achieve your goals; but only if you know what are your goals and by when you need to accomplish them.
First, begin by listing down your goals.
For example, some potential goals may be taking a vacation, buying a car, purchasing a home, funding your child’s education, accumulating funds for your child’s marriage and ensuring a comfortable retirement.
Next, segregate these goals by when you need to accomplish them.
For example, you want to head off on a holiday in 6 months and purchase a car in 1 year. These are your short-term goals. Similarly, educating your children at the best institutions in 3-5 years is a medium-term goal while buying your dream home and retiring comfortably in 10-15 years are long-term goals.
Once you have a list of your goals and a date by when you want to achieve them, you have to ask yourself - are you on track to achieve each of them?
Yes! Maybe? No!
If your answer was ‘Yes’. Congratulations!
If your answer was ‘Maybe’ or ‘No’, do not worry, you can get back on track using our SIP calculator. The SIP calculator accounts for everything - financial goals, achievement dates, investment strategies and even, inflation. It will help you determine how much you need to invest in a mutual fund using SIP. It will even recommend the best mutual funds for SIP to achieve your goals i.e. if your goal is to save tax then it shows you a list of the best ELSS mutual funds.
Click here to get started now and stay on track to achieve your goals!
Every Delay in Investing 'Costs' You
A common question amongst new investors is ‘when’s the right time to start investing?’ More often than not, this query receives the trite response ‘there is no right time or age but earlier the better’.
This vague response often leaves new investors bewildered and still uncertain about when to start investing.
No More!
Click here to calculate how each delay – be it 3 months or 3 years, lowers your potential returns.
ENHANCE YOUR ‘SIP’ INVESTMENT WITH A BOOST
What do you do when you receive an increment or a bonus?
Chances are you use the money to purchase a much longed for ‘goodie’, pay off a bill or take a vacation.
And you should - enjoy the benefits of your hard-work!
But, you should also remember to invest in a better future – by boosting your SIP amount.
Why Boost your SIP amount?
As a disciplined investor, you are already aware of the benefits of SIP. You know that small investments over a long period of time can multiple into a significant sum.
By choosing to boost your SIP amount, you can gain the following benefits:
- Increase your investment effortlessly
- Get a better income to investment ratio
- Increase your earning potential and the amount of wealth you accumulate
How will a SIP Booster change your wealth creation efforts?
Let’s look at two SIP journeys. The first, a standard SIP journey wherein you start a SIP and just let it run without any guidance. The second, a SIP Booster journey wherein you increase your investment amount by Rs. 500 every year.
| SIP Journey 1 | SIP Journey 2 (with Booster) | |
|---|---|---|
| Year 1 | Rs. 500/month | Rs. 500/month |
| Year 2 | Rs. 500/month | Rs. 1000/month |
| Year 3 | Rs. 500/month | Rs. 1500/month |
| Year 4 | Rs. 500/month | Rs. 2000/month |
| Year 5 | Rs. 500/month | Rs. 2500/month |
| Year 6 | Rs. 500/month | Rs. 3000/month |
| Year 7 | Rs. 500/month | Rs. 3500/month |
| Year 8 | Rs. 500/month | Rs. 4000/month |
| Year 9 | Rs. 500/month | Rs. 4500/month |
| Year 10 | Rs. 500/month | Rs. 5000/month |
| Total Amount Invested | Rs. 60,000 | Rs. 3,30,000 |
| Wealth accumulated based on a 12% rate of return | ||
| Rs. 1,16,170 | Rs. 5,10,184 | |
As you can see, the addition of a SIP booster could make a huge difference in the amount of wealth accumulated.
How to Boost your SIP amount?
Kotak’s SIP Booster Facility makes boosting your SIP amount as simple as 1, 2, 3.
- Log into your account and click on the SIP you wish to boost
- Enter a booster amount
- Define the intervals of the boosts
Submit your details to enable your SIP booster.
Want to enhance your SIP investment?
Frequently asked questions
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Kotak SIP Booster
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SIP CALCULATOR
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SIP
PLANNER -
WEALTH
BUILDER -
COST
OF DELAY -
VACATION
PLANNER -
DREAM
CAR -
DREAM
HOME -
CHILD'S
EDUCATION -
CHILD'S
MARRIAGE -
RETIREMENT
PLANNER
SIP Planner
Want to be a Crorepati when you retire? Use our SIP Calculator to figure out how much you need to invest to achieve your goal. Get Started, Now!An Investment Plan that May Help You Achieve Your Goal.
SIP Planner
To generate a Corpus of ₹ in years at a % rate of return, your monthly SIP investment may be ₹ .
Wealth Builder
Looking to increase your bank balance? Add a second source of income! Use our SIP calculator to plan your wealth generating investments. Get Started, Now!An Investment Plan that May Help You Achieve Your Goal.
Wealth Builder
When you invest ₹ every month for years at a % rate of return, you may probably build a wealth of worth ₹ .
Cost of Delay
When you delay investing, you reduce your earning potential. Use our Delayed Investment Calculator to figure out how every delay has cost you!An Investment Plan that May Help You Achieve Your Goal.
Cost of Delay
If you start a monthly SIP of ₹ today then in years at a % rate of return, you may probably build a wealth fund worth ₹ . However, if you delay your investment process by months the value of your investment will be ₹ . This slight delay will decrease your earning potential by ₹
Vacation Planner
Want to be a globe-trotter? Use our SIP Calculator to find out how much you need to invest to achieve your dreams!An Investment Plan that May Help You Achieve Your Goal.
Vacation Planner
For your dream holiday, you will need ₹ in years. Your current investment of ₹ may appreciate to ₹ assuming % rate of return. You may need to accumulate an additional ₹ to fund your holiday. To generate this deficit amount, you may need to invest a lump sum of ₹ now or start monthly SIP of ₹ .
Dream Car
Thinking of buying a car? Plan right and buy it outright! Use our SIP Calculator to find out how much you need to invest to achieve your goal!An Investment Plan that May Help You Achieve Your Goal.
Dream Car
For your dream car, you will need ₹ in years. Your current investment of ₹ may appreciate to ₹ assuming % rate of return. You may need to accumulate an additional ₹ to fund your car. To generate this deficit amount, you may need to invest a lump sum of ₹ now or start monthly SIP of ₹ .
Dream Home
Dreaming of buying a home? Use our SIP Calculator to find out how much you need to invest to easily accumulate the down-payment for your dream home.An Investment Plan that May Help You Achieve Your Goal.
Dream Home
For your dream home, you will need ₹ in years. Your current investment of ₹ may appreciate to ₹ assuming % rate of return. You may need to accumulate an additional ₹ to fund your dream house. To generate this deficit amount, you may need to invest a lump sum of ₹ now or a start monthly SIP of ₹ .
Child’s Education
Your tiny tots are growing fast! Start preparing for their brilliant futures with a flourishing education fund. Use our SIP calculator to calculate how much you need to invest based on the future the cost of education.An Investment Plan that May Help You Achieve Your Goal.
Child’s Education
For your child’s education, you will need ₹ in years. Your current investment of ₹ may appreciate to ₹ assuming % rate of return. You may need to accumulate an additional ₹ to fund your child’s education. To generate this deficit amount, you may need to invest a lump sum of ₹ now or start monthly SIP of ₹ .
Child’s Marriage
A wedding is an occasion to celebrate, but it also an expensive affair; ensure you can afford a wedding to remember by planning ahead. Use our SIP Calculator to estimate how much you need to invest to host a beautiful celebration tomorrow!An Investment Plan that May Help You Achieve Your Goal.
Child’s Marriage
For your child’s marriage, you will need ₹ in years. Your current investment of ₹ may appreciate to ₹ assuming % rate of return. You may need to accumulate an additional ₹ to fund your child’s marriage. To generate this deficit amount, you may need to invest a lump sum of ₹ now or start monthly SIP of ₹ .
Retirement Planer
Whether you are just starting your career or in your last innings, it is never too early to start a retirement fund.An Investment Plan that May Help You Achieve Your Goal.
Retirement Planner
For your dream Retirement Plan, you require a corpus of ₹ in years. Your current investment of ₹ may appreciate to ₹ assuming % rate of return. You may need to accumulate an additional ₹ . To generate this deficit amount, you may need to invest a lump sum of ₹ now or start monthly SIP of ₹ .
*The above investment simulation, based on assumed rate of return(s), is for illustration purpose only and should not be construed as a promise on minimum returns and safeguard of capital. KMAMC is not guaranteeing or promising or forecasting any returns. SIP does not assure a profit or guarantee protection against loss in a declining market. SIP Calculator is designed to assist you in determining the appropriate amount. SIP calculator alone is not sufficient and shouldn't be used for the development or implementation of an investment strategy. KMAMC makes no warranty about the accuracy of the calculators/reckoners. The examples do not purport to represent the performance of any security or investments. In view of individual nature of tax consequences, each investor is advised to consult his/ her own professional tax advisor.