Don't Stop Your SIPs: Market Dips Offer Crores in Long-Term Wealth

• Indian stock markets, Nifty 50 and Sensex, have seen a sharp pullback, falling over 4 percent from recent highs, unsettling retail investors.
• Financial advisors warn against stopping SIPs during market volatility, as it's a common costly mistake that prevents long-term wealth creation.
• Quitting SIPs early deprives investors of rupee-cost averaging during downturns and the powerful compounding effect, which accelerates after 7-10 years.
• A Rs 75,000 monthly SIP at 15% CAGR could yield Rs 9.97 crore in 20 years, but stopping at 3 years means an opportunity loss of Rs 9.63 crore.
• Step-up SIPs, where contributions increase annually, can significantly boost maturity amounts, especially for salaried professionals and young earners.

Why It Matters: Stopping SIPs during market corrections is a costly mistake; consistency and patience are key to long-term wealth.