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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: Transformers maker Shirdi Sai Electricals Ltd (SSEL) seems to be to start out operations at its new Rs 300 crore unit in Andhra Pradesh by the September quarter, its CMD N Visweswara Reddy mentioned. SSEL is organising a facility to fabricate conductors within the YSR District of Andhra Pradesh at an funding value of Rs 300 crore, Reddy informed PTI. The plant having an annual capability of 300 tonnes is being arrange over 8 acres, he mentioned, including that the plan is to make the plant operational by the July-September interval of 2024-25. Conductors are a key factor of a transmission line mission. The plant is being arrange in two phases. The trial manufacturing will start by the tip of this month, whereas the height capability of part 1 (200 tonnes) shall be achieved within the first quarter of the subsequent fiscal yr. Reddy additional mentioned SSEL can be into transmission EPC tasks and round 50 per cent of the conductors’ manufacturing shall be consumed by the corporate’s transmission enterprise. The remaining shall be bought within the open market to each home and worldwide gamers, he mentioned. Conductors are a uncommon product and are principally imported into the nation. The brand new unit will assist enhance the provision of domestically manufactured conductors at aggressive costs, he mentioned. Established in 1994 as a transformer repairing firm, SSEL Group has through the years grown to develop into India’s largest transformer manufacturing firm. It is usually into organising transmission tasks on an EPC foundation. SSEL Group employs round 5,000 folks and had a income of Rs 2,680 crore in FY 2022-23. The group is focusing on a income of round Rs 5,000 crore within the present fiscal yr, Reddy added.
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