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How I Turned ₹5,000/month into ₹6 Lakhs — My 3-Year SIP Journey
In 2020, I was saving ₹5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into ₹6,12,000 — and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.
📉 What Went Wrong in Year 1
In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.
📈 Lesson Learned: Consistency Beats Timing
- Missed rallies by being out of the market
- Lost out on rupee cost averaging
- Peace of mind improved with automation and discipline
🔄 My Portfolio Before vs After
Before (2020)
- Random savings in bank account
- No real investment plan
- Low returns (2-3% p.a.)
After (2023)
- Disciplined SIPs in diverse mutual funds
- Portfolio value: ₹6,12,000
- Average returns: 13-15% p.a.
🧠 What I’d Do Differently If Starting Again
If I could start over, I’d set up my SIPs and forget about the daily market noise. I’d diversify a bit more, avoid panic-selling, and trust the process. Most importantly, I’d start even earlier — because time is your biggest ally in compounding.
NEW DELHI – India plans to construct its first privately managed strategic petroleum reserve (SPR) by 2029-30, granting the operator the liberty to commerce all the saved oil, the chief govt of Indian Strategic Petroleum Reserves Ltd (ISPRL) stated. Permitting a completely business SPR mirrors the mannequin adopted by nations comparable to Japan and South Korea, which permit personal lessees, principally oil majors, to commerce the crude. Up to now, India has allowed solely partial commercialisation for its three present SPRs in southern India, which have a mixed capability of 36.7 million barrels. India plans to construct two new SPRs – the primary a 18.3 million barrels cavern at Padur in southern Karnataka state, after which a 29.3 million barrels SPR in japanese Odisha state – with personal companions allowed to commerce all the oil regionally. The federal government can have the primary proper to the oil within the occasion of a scarcity, stated ISPRL chief govt L.R. Jain. ISPRL, an organization charged with managing India’s SPRs, final month issued a young to gauge curiosity amongst native and international corporations for the Padur SPR, Jain stated. “We hope to award the tender on a design, build, finance, operate and transfer basis by September and the SPR should be completed in 60 months from zero data,” Jain informed reporters at an trade occasion. India, world’s third greatest oil importer and client, is eager to increase its SPR capability to hedge in opposition to international provide disruptions and value spikes. Increasing oil storage capability would additionally assist India be a part of the Worldwide Vitality Company (IEA), which requires its members to carry a minimal of 90 days of oil consumption. The IEA stated in February that India’s oil shares, together with SPR volumes, had been sufficient to fulfill about 66 days of consumption. ISPRL estimates the Padur SPR and linked pipeline and oil import facility would value about 55 billion rupees ($659 million), with the federal authorities offering as much as 60% of the whole, Jain stated. The bidder requiring the bottom federal financing or paying the very best premium for the 60-year lease could be awarded the rights for the SPR, he added.
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