small investors SIP is becoming increasingly popular among. The reason is that small investments can generate large funds and large profits. Due to this, the number of investors investing in mutual funds through SIP is increasing rapidly. Today we tell you that if you invest Rs 2000, 3000, 5000 per month in SIP, then in how many years you will collect Rs 1 crore?
Example-1: Monthly SIP of Rs 5,000
- Return Rate: 15%
- Total investment in 28 years: Rs 6,72,000
- Returns: Rs 96,91,573
- Estimated total money: Rs 1,03,63,573
- So, if you invest Rs 2,000 per month, it will take 28 years to accumulate more than Rs 1 crore.
Example-2: Monthly SIP of Rs 3,000
- Return Rate: 15%
- Total investment in 26 years: Rs 9,36,000
- Returns: Rs 1,05,39,074
- Estimated total money: Rs 1,14,75,074
- So, if you invest Rs 3,000 per month, it will take 26 years to accumulate more than Rs 1 crore.
Example-3: Monthly SIP of Rs 5,000
- Return Rate: 15%
- Total investment in 28 years: Rs 13,20,000
- Returns: Rs 90,33,295
- Estimated total money: Rs 1,03,53,295
- So, if you invest Rs 2,000 per month, it will take 22 years to accumulate more than Rs 1 crore.
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