SIP Returns Calculation: If you do a SIP of Rs 10,000, then your total investment in 10 years will be Rs 12,00,000. If you get an average estimated return of 12 percent every year, then you can create a fund of about Rs 23.23 lakh in 10 years with a SIP of Rs 10,000.
SIP Returns Calculation: Mutual fund SIP has a lot of stock market risk. But, common investors are taking the risk and investing a lot of money in mutual funds. Mutual fund SIP is considered an excellent tool for long term investment, which gives huge returns to investors in the long term. AMFI figures are a witness to the fact that SIP has made investors huge money in the long term. Today we will know here that if you deposit Rs 5000, Rs 10,000 and Rs 15,000 in SIP, then how much fund will be created in 10 years?
Rs 5000
If you make a SIP of Rs 5000, then your total investment in 10 years will be Rs 6,00,000. If you get an average expected return of 12 percent every year, then you can create a fund of about Rs 11.61 lakh in 10 years with a SIP of Rs 5000. If you get an average expected return of 15 percent every year, then you can create a fund of about Rs 13.93 lakh.
Rs 10,000
If you make a SIP of Rs 10,000, then your total investment in 10 years will be Rs 12,00,000. If you get an average expected return of 12 percent every year, then you can create a fund of about Rs 23.23 lakh in 10 years with a SIP of Rs 10,000. If you get an average expected return of 15 percent every year, then you can create a fund of about Rs 27.86 lakh.
Rs 15,000
If you do a SIP of Rs 15,000, then your total investment in 10 years will be Rs 18,00,000. If you get an average expected return of 12 percent every year, then you can create a fund of about Rs 34.85 lakh in 10 years with a SIP of Rs 15,000. If you get an average expected return of 15 percent every year, then you can create a fund of about Rs 41.79 lakh.
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