One evening when Mahesh came back home from work, his 5 year old daughter, Avani came running to him. She had a drawing paper in her hand. 

“See Papa, what I made.” Her voice was excited.

He looked at the paper, which had a sketch of an airplane. 

His wife, Deepti, told him that she saw in the newspaper the picture of a woman flying a plane, which inspired her to do the sketch. 

“This is great Avani. I am so proud of you.” He hugged her.

Avani had put in a lot of details including her parents sitting behind and she herself on the controls in the cockpit. For a 5 year old, it was quite an achievement.   

“Papa, one day I will become a pilot and fly a plane. I will take Mummy and you along. It will be great fun.” She said with a chuckle. 

“Of course beta, you can do anything.”, said the doting father. 

“How will I learn to fly?” Avani posed the innocent question.

“You can go to a flying school to learn.” Mahesh was referring to flying courses. 

“When can I go to that school?” She was still curious.

Mahesh looked up thinking. “After a few years, when you are big enough to fly”         

Avani had a broad smile on her face.

“Let’s eat dinner.” Deepti interrupted the conversation.   

On the dinner table, Deepti asked, “Isn’t a flying school expensive?” She was concerned. 

“Anything for Avani, We will figure it out.” Mahesh was confident that he would fulfill Avani’s dream. 

Mahesh did some research and realised that if he saves some amount regularly in a mutual fund, it was possible to accumulate the fee of a flying school. If there was any shortfall, he can take a loan to fill the gap.

At that stage, he decided to invest Rs. 10,000 per month through SIP in Mutual Fund Scheme

He tagged his investment as “Avani’s wings.” This ensured that he will use the money only for Avani’s flying school fees.  

What happened so far was in year 2008.  

Cut to 2018. Mahesh and Deepti have their eyes wet with joy. Avani has been selected for a flying school course.

Their daughter is actually fulfillingher childhood dream. 

But, what about the costs?

The overall costs including fee and other expenses at the flying school are expected to be very high.

But Mahesh, who with his diligence and commitment continued to save Rs. 10,000 per month via a systematic investment plan (SIP) in a mutual fund scheme, is not concerned. He doesn’t need to take any loan since drip by drip he accumulated the amount required for Avani’s dream. 

Mahesh is now looking forward to the day when Avani, as a pilot, takes them for a ride in the skies. 

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.