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 Mutual Funds can help you with goalbased investing, thanks to SIPs You can start a SIP for each financial goal For example, say, you want Rs 12 Cr* for your retirement after 25 years Assuming an interest rate of 10%, you will be able to accumulate this amount with a monthly SIP of Rs Besides real estate, their portfolio comprises equity worth Rs 675 lakh in the form of stocks and mutual funds, and debt worth Rs 15 lakh in the form of EPF corpus Their goals include building an emergency corpus, buying a car, and saving for their retirement 27Follow these five steps to start selecting investments based on your goal 1 Identify your goals and prioritise them The first and probably the most essential step for goalbased financial planning is to identify your goals Just write down all your goals on a piece of paper and divide them on the basis of when you would like to achieve those goals Best Investment Strategy The Definitive Guide 21 Getmoneyrich Goal based investing app india