SIP Investment in mutual funds through (Systematic Investment Plan) is continuously increasing. This shows no signs of slowing down, as recent data indicates that volumes in September hit an all-time high. Small investors often prefer SIP over lump sum investment as this method allows them to invest a fixed amount at regular intervals. Small investors can start SIP with less than Rs 250 per month. This method is similar to RD, where investors save a small amount every month. Today we are telling you in how many years you can deposit Rs 50 lakh through SIP of Rs 5000, 10000, 15000.
You can invest in SIP even with Rs 100
SIPs have gained so much popularity that some mutual fund houses are now starting micro SIPs at just Rs 250 per month. Additionally, LIC MF has recently announced to reduce the minimum daily SIP limit from Rs 300 to Rs 100. Every investor starts SIP keeping in mind his personal goals.
In how many years will it take to accumulate Rs 1 crore from a SIP of Rs 5,000?
If you invest Rs 5,000 every month in a Systematic Investment Plan (SIP) with an annual return of 12%, it will take you about 26 years to accumulate Rs 50 lakh.
- Monthly SIP amount: Rs 5,000
- Annual Return: 12%
- Total amount invested: Rs 15,60,000
- Estimated Returns: Rs 91,95,560
- Total corpus after 26 years: Rs 1,07,55,560
In how many years will it take to accumulate Rs 1 crore through a SIP of Rs 10,000?
If you invest Rs 10,000 every month in a Systematic Investment Plan (SIP) with an expected annual return of 12%, it will take you about 20 years to accumulate a corpus of Rs 1 crore.
- Monthly SIP amount: ₹10,000
- Annual Return: 12%
- Total amount invested: Rs 24,00,000
- Estimated Returns: Rs 75,91,479
- Total corpus after 20 years: Rs 99,91,479
In how many years will it take to accumulate Rs 1 crore through a SIP of Rs 15,000?
If you invest Rs 30,000 every month in a Systematic Investment Plan (SIP) with an expected annual return of 12%, it will take you 17 years to accumulate a corpus of Rs 1 crore.
- Monthly SIP amount: Rs 15,000
- Annual Return: 12%
- Total amount invested: Rs 30,60,000
- Estimated Returns: Rs 69,58,812
- Total corpus after 17 years: Rs 1,00,18,812
