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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: A brand new regional airline will take to the skies this week that can, amongst different routes, hyperlink Lakshadweep to extra cities. The Directorate Normal of Civil Aviation (DGCA) on Wednesday issued the air operator allow (AOP or licence) to aviation veteran- Manoj Chacko backed “Fly 91”.Manoj Chacko (First from left)The airline presently has two ATR-72 and can get 4 extra by September after which it plans so as to add six turboprops yearly over the following 5 years.“We start operations in the next few days and have five stations to begin with — Goa, Bengaluru, Hyderabad, Agatti, Sindhudurg and then Jalgaon, Pune and Nanded shortly thereafter. We will start flights between Goa & Agatti and Bengaluru & Agatti. Initially, these will be twice or thrice weekly and by mid-June our Agatti flights will be daily,” stated Chacko, who has labored in senior positions in Emirates, American Specific, SOPTC, Kingfisher and WNS (a worldwide enterprise course of administration firm). As of now, Alliance Air is the one airline that flies to Lakshadweep 9 occasions weekly on Kochi-Agatti-Kochi route.Based mostly at Goa Mopa airport, Fly 91 has been launched with an preliminary funding of Rs 200 crore. It’s got Udan routes beneath which (topic to working these flights) it can get Rs 200 crore yearly over the following three years. “We are well funded and have a strong professional team to run the airline. In five years we plan to have a fleet of 32 ATRs,” Chacko stated.What explains the selection of the Goa-Agatti route?“Goa is the charter capital of India with aircraft flying in from several places like Russia and the UK. A direct flight to Agatti will find many takers. Also a honeymooners come to Goa. They can split their stay between the two destinations,” he stated.The typical flight time of various Fly 91 routes will likely be 55-90 minutes. “We will be offering buy-on-board service for snacks and beverages. Five to six rows of the 18 rows will have seat selection charge.”With India now taking a look at two giant airways — IndiGo and Tata Group airways led by Air India — how does Fly 91 see itself. Massive airways are identified to have achieved community mirroring — launching flights on routes of startup or small airways at virtually the identical time by pricing them just a few hundred decrease. IndiGo operates ATRs. Put up Air India’s divestment, Alliance Air (which function ATRs) is the one state-owned fastened wing airline. “I am here to provide last-mile connectivity and not compete with anyone. But to co-exist,” Chacko says.
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