Can I reach my financial goals one by one

I am doing good and expect the same from you. Please have your queries answered as follows -

You need to invest Rs 11,500 through monthly SIPs in a good diversified equity fund for 5 years for meeting your sister's marriage goal, assuming returns of 12.5% annualized.

You need to invest another Rs 13,000 per month through SIPs for next 25 years to meet the two goals - Rs 1.50 Crores for marriage of your daughter and Rs 1 Crore for your retirement, assuming annualized returns of 12.5%

Your current monthly SIP is of Rs 11,000 may be sufficient for meeting the goal of your sister's marriage after 5 years, but for meeting the other two goals, you need to start another monthly SIP of Rs 13,000.

However, assuming that the new lump sum investment of Rs 3 Lakhs will be for a period of 25 years, you can easily create a corpus of Rs 57 Lakhs after 25 years. Therefore, you can use this corpus for meeting one of your two goals. Since you are getting this new corpus, let us reduce this from the total target corpus amount of Rs 2.50 Crores. Therefore, you now need to save for the target corpus of Rs 1.93 Crores only. You can reach this target amount by investing Rs 10,000 monthly for next 25 years.

Please also note that even though your fund selection is good, you will not be able to invest in Mirae Asset Emerging Bluechip Fund as it is not accepting any fresh lump sum investment as of now. You can invest in this fund either through SIP or STP route only.

Hope the above helps you ! Thanks for writing to Advisorkhoj !!