Mutual Fund SIP gives an average return of 12% per annum. If you cannot invest a lump sum, then SIP is a good option.
Mutual Fund SIP: The stock market is a risky investment option. That is why a large number of people are afraid to invest in it. But you can invest indirectly in it through mutual funds. Here the risk is less than in the stock market. It is not necessary that you invest a lump sum in mutual funds. You can also invest in mutual funds every month through SIP. Today we will tell you through SIP calculator how you can deposit a fund of Rs 1 crore with a SIP of just Rs 6000.
This is how a fund of Rs 1 crore will be prepared
If you are lucky, you can also get a return of 50% per annum from mutual fund SIP. But it depends on the condition of the stock market and the performance of the fund. However, in SIP, an average return of 12% per annum is easily available in the long term. Here we are assuming an annual average return of 12 percent. Now if you invest Rs 6000 every month in SIP, then in 24 years you will have a fund of ₹ 1,00,36,123. In this, Rs 17,28,000 is your investment amount and Rs 83,08,123 is interest income.
Investors should keep these things in mind
While investing in mutual fund SIP, you should take special care of some important things. First of all, you should know that SIP never gives a fixed return. In SIP, you can get a return of 20 percent and you can also get a negative return of 10 percent. You also have to pay long term capital gains tax on the total return received through SIP. In such a situation, your total corpus may be reduced. This year, the central government has increased the long term capital gains tax from 10 percent to 12.5 percent.
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