Explained: Thinking about building a Rs 1 crore corpus? Here's how much you should invest through SIPs

Mutual fund advisors always recommend investing based on your risk appetite, investment horizon, and financial goals. But before starting a SIP, ask yourself: Are you investing to build a retirement corpus, fund your child's education, buy a home, or finance your next vacation? A SIP in an equity mutual fund is one of the most effective ways to achieve long-term financial goals. But an equally important question is: Are you investing enough to reach your target corpus? Have you calculated the monthly SIP required to achieve your financial goal? Many mutual fund investors are not aware of the a.