Details of SIP Plans for Dream Vacation
Below are the details of SIP plans which are best suited for your dream vacation:
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HDFC Short Term Debt Fund-Growth
The objective is to generate regular income by investing in debt and money market instruments with a moderate risk profile, making it one of the best SIP plans for 3 years, seeking stable returns through short-duration debt instruments.
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ICICI Prudential Short Term Fund-Growth
This fund aims to generate consistent income by investing in a balanced portfolio of debt and money market instruments, optimised for safety, yield, and liquidity. It is suitable as the best SIP plan for 3 years for conservative investors seeking steady income.
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SBI Short Term Debt Fund-Growth
The investment objective is to provide regular income and liquidity through investments in a diverse portfolio of debt and money market instruments with maturities up to 3 years, ideal as a best SIP plan for 3 years, focusing on capital preservation and moderate returns.
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Nippon India Short Duration Fund-Growth
The fund aims to generate stable returns over a short-term horizon by investing in debt and money market securities, positioning it as one of the best SIP plans for 3 years for risk-averse investors.
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SBI Equity Hybrid Fund-Growth
The scheme seeks long-term capital appreciation and liquidity by investing in a diversified equity and debt portfolio. This fund serves as a good best SIP plan for 5 years or more, balancing growth and risk through hybrid allocation.
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ICICI Prudential Equity & Debt Fund-Growth
The fund's primary objective is to generate long-term capital appreciation and current income by investing in a mix of equities and fixed income securities, making it an ideal best SIP plan for 10 years aiming at wealth creation with moderate risk.
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HDFC Balanced Advantage Fund Regular-Growth
This balanced advantage fund aims at long-term capital appreciation/income through a dynamic mix of equity and debt investments. It fits well as the best SIP plan for 5 to 10 years for investors seeking growth with downside protection
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Edelweiss Aggressive Hybrid Fund Regular - Growth
The scheme focuses on long-term capital growth and current income by investing predominantly in equity with a balanced allocation in debt and money market instruments. It is suitable as one of the best SIP plans for 10 years for aggressive investors looking for equity-led growth with risk mitigation.
- Insurance Companies
- Mutual Funds
|
Returns |
| Fund Name |
5 Years |
7 Years |
10 Years |
| SBI Life |
15.7% |
13.74% |
|
| HDFC Life |
18.93% |
16.31% |
|
| Axis Max Life |
28% |
22.59% |
|
| ICICI Prudential Life |
17.45% |
14.94% |
|
| Tata AIA Life |
22.74% |
22.43% |
|
| Bajaj Life |
18.37% |
14.64% |
|
| Birla Sun Life |
20.42% |
16.73% |
|
| PNB MetLife |
31.41% |
24.68% |
|
| Canara HSBC Life |
14.34% |
11.87% |
|
| Star Union Dai-ichi Life |
16.95% |
- |
|
Fund rating powered by
Last updated: Nov 2025
Last updated: October 2025
SIP Calculator
Monthly Investment
₹22.4 L
Top Funds with High Returns (Past 7 Years)
12.99%
Equity Pension
15.49%
Global Equity Index Funds Strategy
19.4%
High Growth Fund
13.25%
Opportunities Fund
20.94%
Multi Cap Fund
14.36%
Accelerator Mid-Cap Fund II
15.8%
Multiplier
14.58%
Frontline Equity Fund
18.41%
Pension Mid Cap Fund
11.15%
Equity II Fund
14.82%
US Equity Fund
14.98%
Growth Opportunities Plus Fund
11.72%
Equity Top 250 Fund
14.05%
Future Apex Fund
11.91%
Pension Dynamic Equity Fund
14.42%
Pension Enhanced Equity
Steps to Choose the SIP for Your Dream Vacation
Below are the steps on how you can plan your dream vacation with the best SIP plans available in the market:
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Setting Your Budget for the Dream Vacation
The first step is to estimate your total travel expenses. Consider all major costs including:
- Flights and local transportation
- Accommodation
- Food and dining
- Activities and sightseeing
- Shopping and miscellaneous
Add a buffer amount for unforeseen expenses to arrive at a realistic target budget.
For example, if your total estimated cost is ₹3,00,000 and you plan to travel in 4 years, your SIP goal is ₹3,00,000 within that timeframe.
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Using an SIP Calculator to Plan Your Investment
With your target amount and timeline clear, use an SIP calculator to determine how much you need to invest each month. Enter your:
- Goal amount (e.g., ₹3,00,000)
- Time horizon (e.g., 4 years)
- Expected returns (typically 8-10% for hybrid or short-duration debt funds)
The calculator will provide your monthly SIP installment. For a ₹3,00,000 goal over 4 years at an average 9% return, you may need to invest about ₹5,800-₹6,000 per month.
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Choosing the Right SIP Fund Type
Since your vacation timeline is short to medium-term (3–5 years), capital safety with moderate growth should be prioritised. Choose the SIP plans that protect your money as well as give you decent returns.
Consider these SIP categories:
- Short Duration Debt Funds: These funds invest in debt instruments with short maturities, offering lower risk and steady returns, suitable if your goal is closer to 3 years.
- Hybrid Funds (Conservative/Aggressive): These funds mix equity and debt to balance growth and risk, appropriate for 4-5 year horizons.
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Automate and Monitor Your SIP
Set up an auto-debit so your SIP payment happens automatically every month, ensuring consistent investment discipline. Annually review your fund's performance to verify your investment trajectory aligns with your goal, and make adjustments if necessary.
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Stay Invested and Enjoy Your Trip
Avoid premature withdrawals even during market fluctuations. Staying invested helps you harness compounding benefits, progressively building your dream vacation fund.
Conclusion
Achieving your dream vacation fund with an SIP is a practical and disciplined approach that aligns your savings with your travel goals. Start early, set realistic budgets, choose the right funds focused on short-term horizons, and watch your vacation dreams turn into reality.
