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  Note:  Returns greater than 1-year period are Compounded Annualised (CAGR). Returns as of Dec 30, 2024. Gold and Silver are spot prices. Source:  Bloomberg, NIFTY Indices, CRISIL Indices, MCX, HDFC Mutual Fund

  Are you sure your SIP amount is on track to meet your financial goals? Many investors overlook this crucial step, which can lead to falling short of their long-term goals or missing out on the incredible power of compounding. Whether you're just starting your SIP journey or looking to review your current strategy, understanding the right SIP amount is key to achieving financial freedom. What is SIP? SIP (Systematic Investment Plan) is a disciplined way of investing a fixed amount regularly in mutual funds. It allows you to benefit from dollar-cost averaging, where you buy more units when prices are low and fewer when prices are high, thus lowering the average cost of your investments over time. SIP is a long-term strategy that can help you achieve substantial wealth, but only if you invest the right amount. How to Determine the Right SIP Amount Calculating the right SIP amount depends on your financial goals, risk tolerance, and time horizon. Here’s how you can estimate the amou...