The systematic nature of Systematic Investment Plans (SIP) enables users to distribute regular fixed funds directly to mutual funds. SIPs help investors practice regular periodic investment through a structured system that develops their investment discipline. SIP investment methods are gaining popularity since young investors increasingly adopt this method.
There are various investment plans that help you grow your wealth. Investors are actively seeking modern investment opportunities at this moment. By investing for two decades, you can achieve returns in crores. This article aims to assist you in selecting the right Systematic Investment Plan (SIP) strategy to meet your financial objectives. A specific strategy enables investors to build a corpus exceeding Rs 2 crore through systematic SIP contributions.
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Corpus Of Rs 2 Crores For Investors
With an interest rate of 12% by investing Rs 25000 one can get a return in crores.
Monthly Investment: Rs 25,000
Time Period: 20 years
Expected Annual Return Rate: 12%
Total Invested Amount: Rs 60,00,000
Estimated Return: Rs 1,69,96, 434
Total Amount At Maturity: Rs 2,29,96,434
Note: This calculation is based on SIP Calculator.
Investing Rs 25,000 every month for 20 years in a Mutual Fund will enable you to create more than Rs 2 crores as your retirement fund.
(Disclaimer: This article is for informational purposes only and not an investment advice. Prior to making an investment or taking a loan, conduct thorough research and consult with your financial advisor.)
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