₹10,000 SIP not enough for wealth: Experts debunk myth

• Many consider a ₹10,000 monthly SIP a complete financial plan, but experts warn this is a dangerous misconception.
• Experts state SIPs create investment habits but don't automatically generate wealth; fixed SIPs won't achieve big financial goals without growth.
• A strong financial plan requires increasing SIPs with income, proper asset allocation, lump-sum investments, and clear, goal-oriented strategies.
• While SIPs offer discipline and protect against emotional errors, real wealth is built by combining them with clear goals, regular growth, and smart decisions.

Why It Matters: Fixed SIPs alone won't secure your financial future; growth and clear goals are key.