What is SIP for Travel?
A SIP for travel is a method where you invest a fixed amount regularly in mutual funds to accumulate funds for your travel goals. Instead of saving a large amount at once, you contribute small amounts over time. This allows you to plan and save for your trips in a disciplined way. By choosing the right mutual funds, you can potentially earn returns that grow your travel fund. It is a convenient and smart way to ensure you have enough savings for your next vacation or travel adventure.
- Insurance Companies
- Mutual Funds
|
Returns |
| Fund Name |
5 Years |
7 Years |
10 Years |
| Max Life |
27.23% |
21.07% |
|
| Tata AIA |
30.99% |
21.69% |
|
| Bajaj Allianz |
24.23% |
12.8% |
|
| HDFC Standard |
25.77% |
14.87% |
|
| Canara HSBC Oriental Bank |
17.51% |
10.29% |
|
| Bharti AXA |
23.03% |
15.02% |
|
| Birla Sun Life |
26.67% |
14.18% |
|
| ICICI Prudential |
22.68% |
13.38% |
|
| LIC |
- |
- |
|
| PNB Metlife |
24% |
16.86% |
|
Fund rating powered by
Last updated: May 2025
| |
Returns |
| Fund Name |
3 Years |
5 Years |
10 Years |
| QUANT |
23.92% |
31.48% |
|
| PARAG PARIKH |
20.69% |
26.41% |
|
| EDELWEISS |
22.34% |
24.29% |
|
| KOTAK |
24.64% |
25.01% |
|
| MIRAE ASSET |
19.74% |
24.32% |
|
| PGIM INDIA |
14.75% |
23.39% |
|
| DSP |
18.41% |
22.33% |
|
| CANARA ROBECO |
20.05% |
21.80% |
|
| SUNDARAM |
18.27% |
18.22% |
|
How a SIP for Travel Works?
Learn the workings of best SIP for travel from the following steps:
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Set Your Travel Goal: Decide your travel destination, budget, and how much time you have to save.
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Select a Mutual Fund: Choose a fund based on your timeline—equity funds for long-term goals or debt funds for short-term.
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Fix the SIP Amount: Divide your total travel budget by the months left before your trip to decide how much to invest monthly.
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Start Your SIP: Open a mutual fund account, set up the SIP, and automate monthly payments.
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Track the Growth: Check how your investments are growing and adjust if needed.
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Redeem for Your Trip: Withdraw the amount before your trip and use it to enjoy a stress-free vacation.
SIP Calculator
Monthly Investment
₹22.4 L
Top Funds with High Returns (Past 7 Years)
18.4%
High Growth Fund
17.46%
Top 200 Fund
14.57%
Accelerator Mid-Cap Fund II
14.81%
Opportunities Fund
10.58%
Growth Plus Fund
13.35%
Accelerator Fund
14.61%
Growth Opportunities Plus Fund
15.6%
Multiplier
11.48%
Equity Top 250 Fund
13.31%
Future Apex Fund
12.32%
Opportunities Fund
14.24%
Frontline Equity Fund
15.03%
Virtue II
10.88%
Pension Dynamic Equity Fund
11.8%
Equity Fund
10.32%
Blue-Chip Equity Fund
SIP Calculator to Estimate Amount for Travel
A SIP calculator is a helpful tool to estimate the amount you need to save for travel goals. It calculates how much you should invest monthly through a Systematic Investment Plan (SIP) to reach your target amount within a specific time. It helps you plan your savings effectively and ensures you achieve your dream trip without financial stress.
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SIP Calculator for Travel Expenses: Select the “I Know My Goal Amount” option in the SIP calculator and enter your travel goal amount, investment duration, and expected returns-
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Travel Expenses Estimate: ₹3,00,000
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Investment Duration: 2 years
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Expected Return: 15% annually.
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SIP Calculator Results: The calculator provides the required monthly investment amount-
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Total Investment: ₹2.59 lakhs
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Amount Required: ₹3 lakhs
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Monthly Investment Required: ₹10,800
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Wealth Gained from SIP: ₹41,500
Key Points to Consider Before Investing in a SIP for Travel
You must consider the following points before you start investing in a SIP plan to cover your travel expenses:
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Decide Your Travel Plan: Choose your destination, travel budget, and date of travel before starting.
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Know How Much You Need: Calculate total expenses like flights, hotels, food, and sightseeing.
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Pick the Right Fund: Select funds with low to moderate risk and steady returns suitable for your timeline.
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Match Tenure with Goal: Align your SIP period with the time left for your trip. Short-term SIPs (1-3 years) are best for travel.
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Understand Your Risk: If you want low risk, go for debt or hybrid funds. For higher returns, choose equity funds if you have time.
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Set Monthly SIP Amount: Fix a SIP amount that fits your monthly budget without stress.
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Track Performance: Keep checking the fund's progress and switch if needed to meet your target.
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Be Aware of Taxes: Understand the tax on profits, especially if you withdraw your SIP within one year.
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Keep Emergency Savings: Always have extra money saved for emergencies so your travel plan is not affected.
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Start Early: Begin your SIP early to get the benefit of compounding and save stress-free.
