SIP Investment: You invested Rs 40,000 every month through SIP for 15 years and you will see that in 15 years your money has grown by about Rs 1.29 crore. The investment in this entire period will be Rs 72 lakh.
SIP Investment: Mutual funds are right! So why haven’t you invested yet? Are you afraid of risk? But, is money possible without risk? The returns of Mutual Funds themselves show that it is easier to become a crorepati here than with any other investment tool. However, there should be long term goals. This is an option in which you can easily create a corpus larger than ₹ 2 crore in the long term. There are many schemes that have given an annual return of 12 to 15% in the long term.
Start investing through SIP
If you are afraid of taking risks, then invest in mutual funds through Systematic Investment Plan (SIP). A big fund can also be created through this. Suppose you take a period of 15 years, then you can get 2 crore rupees. Making 2 crores in 15 years sounds difficult. But, it is easy. With the help of SIP Calculator, you can understand how this fund will be prepared and for how many months the investment will have to be made.
SIP Calculator: How much investment is needed for 2 crores?
With the help of SIP Calculator, let us understand how much investment you will have to make to create a fund of 2 crores in 15 years. If you take a target of 2 crores and want to achieve the target in 15 years, then you will have to invest 40,000 rupees every month. If you apply an estimated return of 12% on this, then you will get 2,01,83,040 rupees in that period. During this time your investment will be 72 lakh rupees.
SIP Calculator: Will your money become a return machine? You invested Rs 40,000 every month through SIP for 15 years and will see that your money has grown by about Rs 1.29 crore in 15 years. The investment in this entire period will be Rs 72 lakh. However, keep in mind here that this is an estimated return, fluctuations in the market can affect the performance of the mutual fund scheme.
SIP Calculator: At what age will you become a Crorepati?
According to experts, start investing in mutual fund SIP as early as possible. Because, it gives you the benefit of returns for a long term. Suppose if you start a monthly SIP of Rs 40,000 at the age of 25, then at the age of 40 you will have Rs 2 crore.
Invest in a systematic way
You can guess from the SIP calculator that with this systematic way of investing, you do not have to face the market risk directly. At the same time, the returns are also higher than the traditional product. However, there is a risk in this too. Therefore, the investor should decide on investment by looking at his income, target and risk profile.
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