SIP Calculator: The advantage of investing in long term is because it can earn huge returns through compounding. If you also want to make a safe investment for the future, then you can start your investment.
SIP Calculator: If you want to become a Crorepati, then you will have to invest some money. No product or instrument has to be bought in this. Nor is it to be invested in the stock market. SIP is one such tool, through which the goal of becoming a millionaire can be accomplished in the long run. The advantage of investing in the long term is because it can earn huge returns through compounding. If you also want to make a safe investment for the future, then you can start your investment.
Amazing 1000 rupees every month
You can build a large corpus with regular small investments. Here we will tell you how you can make a big fund with small investment. Here we tell you about the plan of 1000 rupees per month. Saving one thousand rupees every month is not a big deal.
SIP gives bumper returns
You can invest in Mutual Fund. With a SIP of Rs 1000, you can travel till becoming a millionaire. Let us know how a fund of 2 crores will be prepared with 1000 rupees? You have to invest 1000 rupees every month in mutual funds. If you look at the last few years, many mutual funds have given returns of up to 20 percent or more.
Invest for 20 years
1000 rupees will have to be invested every month. By depositing this amount for 20 years, you deposit a total of Rs 2.4 lakh. In 20 years, your fund will increase to 15 lakh 16 thousand rupees at 15 percent annual return. On the other hand, if we talk about 20% annual return, then this fund will increase to Rs 31.61 lakh.
Will get more than 2 crore rupees on investment of 30 years
Understand with SIP Calculator, if you invest Rs 1000 every month, then with an annual return of 20%, you will get a fund of Rs 86.27 lakh on maturity. If this period is 30 years, then with 20% return, your fund of Rs 2 crore 33 lakh 60 thousand will be ready. Investors get the benefit of compounding on mutual funds. There is a facility to invest in it every month. This is the reason why you can expect to get huge funds on the investment of small amount.
Disclaimer: Investing in Mutual Funds is subject to risk. Take expert advice before making any kind of investment.
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