SIP Investment: If you invest Rs 11,111 every month in SIP… then how much return will you get in 15 years?
Everyone wants to progress economically. But plan for it. If you invest properly, you can get big returns. For this, investing in SIP mutual funds is a good way. Large sums can be gained through long term investments. Despite the risk, you can make profits from stable investments. You can still make profits if you do not withdraw your investments during market fluctuations.
Many people are interested in investing in SIP. Compound interest allows your investment to grow exponentially over time. Helps in creating wealth on a large scale. Rs. per month for 15 years. Investment of Rs 11,111, per month for 10 years. 22,222 more and let’s see how much return you will get..
Returns in 15 years
Let’s calculate this with an annual interest rate of 12 percent. 11,111 monthly SIP for 15 years at 12 percent annual interest rate would be approximately Rs. There will be an increase of Rs 56.06 lakh in one fund. In this you have invested Rs 19,99,980. Rs as interest. Comes to Rs 36.06 lakh.
returns in 10 years
Rs 22,222 monthly SIP for 10 years. Will be 51.63 lakh. Rupee. Fund of Rs 51.63 lakh. You have invested Rs 26.66 lakh. You will get Rs 24,96,399 as income. Thus, huge profits can be earned by long term investment in SIP. Keep in mind that SIP investments are often linked to market gains and losses.
Plan and Invest
Systematic investment planning is the method that investors are most interested in. If invested properly, wealth can be increased. Maintaining deposits is easy if your bank account is linked to SIP. The amount from your account will reach the SIP on a specific date. SIP can be selected after assessing the performance of the fund before starting SIP investments. Any SIP up to Rs. You can start investing from Rs 100.
Note: Investing in stock market is risky. Returns on SIP can sometimes be higher or lower. It depends on market fluctuations.