Goal based investing is an investment technique where you pre-decide a particular amount of money you want to save and the time period within which you want to save it. You can save for your favourite car, a trip to Europe or even your dream houseIt through goal based investing. It is a great way to achieve all your big and small dreams with full planning by being in complete control.

If you are wondering why goal based investing is a good option for then let us guide you. Two very important reasons why goal based investing is highly recommended are:

1. Full Control: You can call your goal anything you want! Once you select the title, you can select the specific amount that you want to save for. In addition to that, you pick the time period within which you want to invest and save.

2. Smart SIP: Goal based investing is like a smarter SIP. The funds picked in case of SIP show more volatility as compared to the suggested fund schemes for goals. Recommended funds for SIP can show more volatility because the long time span gives enough time to balance the gains and losses. However, for goal based investing the recommended funds show both growth and predictable performance records.

Goal based financial planning is centred on a very customer centric approach. With Sqrrl you can pick your goal amount starting at Rs.30,000 and decide the minimum time span starting at 6 months. You steer the wheel while our algorithm takes care of allocating your money in the best schemes with complete portfolio optimization

Naturally, there is no mandatory lock-in period in case of goal based investing. However, you might have to bear the exit load of the schemes in which you have invested.