Investing for Life Goals | What it Means, How it Works

Samriddhi Volume 06 Edition 13 by ABSLMF

Investing for life goals isn’t just about growing money - it’s about creating a roadmap that supports your dreams. Whether you're aiming to buy a house, plan a wedding, fund your child’s education, or enjoy a stress-free retirement, goal based investing helps you stay focused and organized. This edition of Samriddhi by Aditya Birla Sun Life Mutual Fund (ABSLMF) shows how you can move from general saving to purposeful investing.

We introduce the Three Bucket Strategy, a simple and effective way to divide your investments based on your goals' time horizons - short-term, medium-term, and long-term. This structure helps you make better decisions, balance risk, and achieve more consistent returns over time.

Before investing, it’s important to build a strong foundation. Basics like term insurance, health insurance, and an emergency fund are key to protecting your financial plan. Once these essentials are in place, you can focus on smart asset allocation. Options like multi-cap mutual funds, hybrid aggressive funds, and ELSS schemes offer a mix of growth and tax benefits, especially for long-term goals in India.

This edition also explains how to use Systematic Investment Plans (SIPs) effectively for different goals. With the rise of digital SIPs and tools powered by AI in goal based investing, managing and automating your investments has never been easier. You’ll also read about how real people, like Ashwin and Kavita, used goal-based planning to achieve financial stability and peace of mind.

While diversification is important, too many funds can lead to confusion. The guide explains why 3 or 4 well-selected funds are often better than owning too many. We also provide tips on tracking performance and reviewing your plan regularly.

Expert voices like Dhirendra Kumar share practical tips, and we highlight the differences between goal based investing vs traditional investing, so you can choose the path that fits your needs. Whether you're just starting your career or planning decades ahead, this edition will help you take confident steps toward your financial goals.

Key Insights:
• Goal based investing adds structure and purpose to your financial journey.
• Start with essentials like insurance and an emergency fund before investing.
• Use the Three Bucket Strategy to match investments with goal timelines.
• Don’t over-diversify 3 to 4 mutual funds are often enough.
• Choose multi-cap mutual funds for long-term goals like retirement or education.
• Embrace tech with AI-based portfolio management, SIP automation, and robo advisor goal investing tools.

Takeaways:
• Go beyond saving - invest with purpose and a time-bound strategy.
• Use SIPs to manage multiple goals without financial stress.
• Select the right funds based on goal duration: equity for long-term, debt for short-term.
• Consider tax-saving options like ELSS for life goals India.
• Cover the basics - emergency fund, insurance - before focusing on returns.
• Follow the Three Bucket Strategy for a structured, clear plan.

Why Download This Edition eBook?
• Learn practical goal based investing tailored to Indian families.
• Discover modern tools like ESG goal based portfolio strategies and digital goal investing platforms.
• Gain insights from experts like Dhirendra Kumar and see how professionals approach investing.
• Understand the real-life impact of planning through stories like Ashwin & Kavita’s.
• Start building a goal based mutual funds India portfolio that fits your needs.
• Get clarity, confidence, and a clear path toward financial independence.

Download Investing for Life Goals | What it Means, How it Works | Samriddhi Volume 06 Edition 13 and take charge of your financial future!

Disclaimer:
The Tax calculation shown above is for illustration purpose and general information only. Amount(s) mentioned above may undergo a change if assumptions specified herein do not hold good. Investors are advised to read the scheme information document of the scheme carefully before investing and consult their Tax Consultant or Financial Advisor to determine tax benefits applicable to them.

An Investor education and Awareness initiative of Aditya Birla Sun Life Mutual Fund.
All investors have to go through a one-time KYC (Know Your Customer) process. Investors to invest only with SEBI registered Mutual Funds. For further information on KYC, list of SEBI registered Mutual Funds and redressal of complaints including details about SEBI SCORES portal, visit link : https://mutualfund.adityabirlacapital.com/Investor-Education/education/kyc-and-redressal for further details.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
म्यूचुअल फंड निवेश बाज़ार जोखिम के अधीन हैं, योजना संबंधी सभी दस्तावेज़ों को सावधानी से पढ़ें।