Sponsored: Here's how you can make your dreams a reality, systematically

A disciplined mind leads to happiness, and an undisciplined one to suffering, says an old adage. And, this seems to be true even when it comes to money matters as well as our dreams. If you dream of owning that premium car or of travelling to an exotic locale or live a tension-free retired life someday, disciplined approach is the key. And, what better way to make your dream a reality than using a systematic approach via mutual funds systematic investment plan or SIP?

SIP is a step-by-step approach that helps you build an investment portfolio with small systematic investments at regular intervals. And since the SIP amount you need to invest is small, you don’t feel the pressure and also can start investing even if you don’t have a lump sum amount handy.

SIP can help you achieve your short, medium as well as long-term dreams. Take, for instance, Anuj Mehra who has three dreams to achieve:

1. A short-term dream of owning a car in two years;

2. A medium-term dream of going on a vacation abroad in four years;

3. Saving for his retirement which comes after 20 years.

If Anuj has as less as Rs. 35,000 a month investable amount, he can easily achieve his dreams by using the SIP strategy.

* Dream Car after 2 years for Rs. 5 lakh. SIP amount per month needed Rs. 17,952 * Dream Travel after 4 years for Rs. 5 lakh. SIP amount per month needed Rs. 7730 * Dream Retirement after 30 years for Rs. 5 crore. SIP amount needed per month Rs. 8870

(*Expectation of annual return on investment (in percent, CAGR):)

Total amount Anuj needs to invest via MF SIP is Rs. 34,552 per month to achieve all this three dreams via SIP in MF.

In short, he can simply start investing towards all three dreams and make the dreams a reality, systematically. So what are you waiting for? Get your dreams in place and visit www.icicipruamc.com or download the “Iprutouch” app on your smartphone to know the SIP amount you need to invest every month to achieve your dreams.