SIP Investment: Return of Rs 1,000 per month in SIP .. It is super for retirement!

Systematic investment plan (SIP) is an easy way to invest in mutual funds. In recent times, the number of investors in CIP increases. This is a matter of especially in young people. Because in the long run, they are convinced that they can get good returns. The specialty of CIP is that it can also be launched with a small investment. It develops habit of investing regularly.

Depending on the financial position in SIP, they can adjust their investment amount at any time. Investment is automatically debit with bank account. If you start a sip with a small investment .. then there will be no major problem. Many people are looking for investment options that can easily meet financial needs when retirement age. By investing regularly in CIP, Rs. Let’s see how to make more than 1 crore ..

Investments for more than 1 crore corpus should be kept regularly. Let us rely on the annual return rate of 12 %.

Monthly Investment: Rs. 1,000

Duration: 40 years

Estimated annual return rate: 12 percent

Investment amount: Rs. 4.80 lakhs

Estimated return: Rs. 1,14,02,420

Next amount: Rs. 1,18,82,420

Based on this calculation, you have Rs. 1,000 should be ordered systematically. Through this you will get Rs. The corpus can be made more than 1 crore.

Note: Investment in mutual fund SIP can be more sometimes more. Sometimes it can be reduced. It depends on the jump of the stock market.