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How I Turned ₹5,000/month into ₹6 Lakhs — My 3-Year SIP Journey

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.
  • Start SIPs as early as possible
  • Stay consistent, ignore short-term volatility
  • Review portfolio annually, not monthly
  • Invest for long-term goals, not quick gains

State-owned NALCO has made a file manufacturing of forged metallic at 4,63,428 metric tonne in the course of the monetary 12 months 2023-24. The corporate has additionally made its highest-ever metallic gross sales of 4,70,108 metric tonne in the course of the fiscal ended March 31, it stated in an announcement on Tuesday. The excavation of bauxite reached a file excessive of seven,600,230 metric tonne in the course of the monetary 12 months 2023-24, NALCO stated. In keeping with the corporate, it has surpassed all earlier information since its inception. NALCO CMD Sridhar Patra stated, “Major milestones have been achieved by the company by way of backward integration and securitisation of raw materials and energy in the past four years on account of the dedication and hard work of the employees and cooperation received from various stakeholders.” The corporate’s alumina refinery has produced 21,24,000 metric tonne of alumina hydrate, whereas the captive energy plant generated a gross 7,193.62 million models of energy in the course of the 12 months. In FY 23-24, the entity additionally developed and operationalised Utkal D coal block and produced 2 million tonne of coal, which is the peak-rated capability of the mine. Below the Ministry of mines, Nationwide Aluminium Firm Ltd (NALCO) is the nation’s main producer and exporter of alumina and aluminium.

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