SIP Calculator: Mutual funds are quite popular among investors due to their attractive returns. It gives an estimated return of 12 to 14 percent. By investing in mutual fund SIP, you can create a huge fund for the future. Today we will know that if you invest ₹ 2000, ₹ 5000 and ₹ 10000 in SIP, then after how many years it will become 1 crore rupees.
SIP Calculator: SIP (Systematic Investment Plan) is the best option for investing in mutual funds. Through SIP, you invest money for a fixed time. At the same time, you can also increase the investment amount whenever you want. Today you can start it by investing just 250 rupees.
Along with this, there is no maximum limit to invest in SIP. 1 crore rupees can be easily created through mutual funds.
What is the calculation to make 1 crore
You get the benefit of compounding in SIP. The benefit of compounding can only increase when you invest money for a long time. The more money you invest, the less time it will take to create a fund of Rs 1 crore.
Investment amount Rs 2000- If you invest Rs 2000 every month in a mutual fund SIP, then according to an estimated return of 12 percent, a fund of Rs 1 crore will be ready in about 35 years. At the same time, the estimated return in this is considered to be 12 percent. In these 35 years, you invest about 8,40,000. At the same time, you get Rs 1,01,81,662 in return.
If the estimated return is 14 percent, then you will have to invest for 32 years to create a fund of Rs 1 crore.
Investment amount Rs 5000- If you invest Rs 5000 in a mutual fund SIP, then according to an estimated return of 12 percent, a fund of Rs 1 crore is ready after 30 years. In these 30 years, you deposit Rs 18 lakh. After 30 years, you will get Rs 1,54,04,866 crore.
If the estimated return is 14 percent, then you will have to invest for 25 years.
Investment amount Rs 10,000 – If Rs 10,000 is invested every month in mutual fund SIP, then you will have to invest for 25 years to make Rs 1 crore. The estimated return in this is considered to be 12 percent. In these 25 years, you invest Rs 30,000. After 25 years, you will get Rs 1,70,022,066 crore at the rate of 12 percent return.
If the estimated return is 14 percent, then you will have to invest for 20 years to make Rs 1 crore. In this way, you can create a huge fund by investing in mutual funds.
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