While setting financial goals you must take a step-by-step approach to ensure success.
You should invest with ease as many mutual fund SIPs start with Rs 500.
Adjust your investments to match your comfort with taking risk.
Increase your SIP contribution as your income grows.
Keep things organized by assigning a separate SIP for each of your financial goals.
Wrap up your SIP and put money to work once you hit your target.
Take stock of your SIP investments every few years to stay on track.