I am 41 years old. I have no portfolio as yet and I have loans of about 50 Lakh on my head along with Children education, Health Insurance and Other insurance premiums as my liabilities.
I have 75000 going to HDFC Sanchay Plus plan which is my only investment.
How can I build a SIP to get rid of my loans in next 5-7 years and build a sizeable corpus like 20 lakh at least without compromising with my current expenses?
My Monthly Income is INR 1.70 lakh net.