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