SIP Calculator: For some time now, the trend of investing in Mutual Funds through SIP has increased rapidly. SIP is considered very good in terms of wealth creation. You can start investing in SIP with just Rs 500. This is such an amount that even a person with a small income can easily invest. It is believed that the longer the period for which you invest in SIP, the more profit you will earn. Here know how much you will earn in 5, 10, 20, 25 and 30 years with a SIP of Rs 500 per month.
How much will you earn in 5 years with a SIP of ₹ 500?
The average return of SIP is considered to be 12 percent. If you invest Rs 500 for 5 years, then you will invest a total of Rs 30,000. At the rate of 12 percent, you will get a return of Rs 11,243. In this way, after 5 years, you will get a total of Rs 41,243.
How much will you earn in 10 years from a SIP of ₹500?
If you invest ₹500 every month for 10 years continuously in mutual funds through SIP, then in 10 years you will invest a total of 60,000. At the rate of 12 percent, you will get Rs 56,170 as interest. After 10 years, you will get a total of Rs 1,16,170.
How much will you earn in 15 years from a SIP of ₹500?
If you run a SIP of ₹500 continuously for 15 years, then you will invest Rs 90,000. At the rate of 12 percent, you will earn Rs 1,62,288 as interest. In this way, you will earn a total of Rs 2,52,288.
How much money will be added in 20 years from a SIP of ₹500?
If you invest ₹500 every month in SIP for 20 years continuously, you will invest a total of 1,20,000 rupees. At the rate of 12 percent, you will earn more than double the interest. This interest will be Rs 3,79,574. In this way, you will accumulate a total of 4,99,574 rupees in 20 years.
How much return will a SIP of ₹500 give in 25 years?
With a SIP of ₹500, you will get many times more return than the investment you make in 25 years. In 25 years, your total investment will be Rs 1,50,000. At the rate of 12 percent, you will get 7,98,818 as interest. In this way, you will get a total of 9,48,818 rupees on maturity.
How much will you earn in 30 years from a SIP of ₹500?
If you continue with a SIP of ₹500 for 30 years, you will invest only 1,80,000 rupees in 30 years. At a return of 12 percent, you will earn 15,84,957 rupees from interest alone. In this way, you will accumulate 17,64,957 rupees in 30 years.
Most Read Articles:
- SIP Vs RD: ₹10,000 investment in SIP or Post Office RD, how much return will you get on maturity? See calculation
- SSY Vs SIP: Which will be best for your daughter’s future, Sukanya Samriddhi Yojana or SIP? Know full details
- Credit Card Link UPI: Link your credit card to UPI from home, know step-by-step guide
