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Dream Car Calculator
Overview
Your dream car could be closer than you imagined. Mutual funds present a smart method to accumulate corpus to buy your dream car with the potential for growth, diversification, and easy liquidity.
How can inflation affect your future?
Today ₹ 111.3
In 5 Years₹ 142.1
Today ₹ 7,500
In 5 Years₹ 9,572
Today ₹ 23,250
In 5 Years₹ 29,674
Today ₹ 8,700
In 5 Years₹ 11,104
Today ₹ 3,750
In 5 Years₹ 4,786
Today ₹ 5,270
In 5 Years₹ 6,726
Benefits of Investing in Shriram Mutual Funds for Dream Car
Risk Diversification
Investing in mutual funds for your dream car goal offers diversification, spreading your money across equities, debt, and hybrid funds. This minimizes the risk and helps to manage market volatility.
Professional Fund Management
Our mutual funds are managed by experienced fund managers who make investment decisions for you, leveraging their expertise to maximize your returns and help you achieve your dream car goal.
Systematic Investment Plans (SIPs)
To achieve your dream car, think about starting SIPs in mutual funds. SIPs enable regular, small investments that accumulate over time, ensuring commitment to your goal and capitalizing on compounding.
Liquidity and Accessibility
Mutual funds provide high liquidity, allowing partial or full redemption as needed. This accessibility ensures easy and quick access to funds for a down payment or buying your dream car without delays.
Tax Efficiency
Investing in Equity Linked Savings Schemes (ELSS) lets you enjoy tax benefits under Section 80C of the Income Tax Act, 1961. This aids in achieving your dream car goal and the benefit of tax savings.
Who should Invest in Shriram Mutual Fund for Dream Car?
- Individuals with a specific goal of purchasing their dream car.
- Those who have a long-term perspective for their investment.
How to Invest in Shriram Mutual Fund for Dream Car
Step 01
Use our dream car planning calculator to find out investmentStep 02
Register and create a folio by completing KYC verification and bank account authentication.
Step 03
Select the mutual fund you wish to invest in.
Step 04
Choose SIP or lump sum and make the payment.
Step 05
Receive a confirmation of your investment.
Frequently Asked Questions
What is a mutual fund for dream car ?
How does a mutual fund for dream car work?
What are the benefits of investing in a mutual fund for dream car ?
How long does it typically take to accumulate enough funds for a dream car through a mutual fund?
Can I withdraw money from a mutual fund for dream car before reaching my goal?
How can I choose the right mutual fund for my dream car?
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