There are various investment plans that help you grow your wealth. By investing for four decades, you can achieve returns in crores. Investors are actively seeking modern investment opportunities at this moment. 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 20 crores through systematic SIP contributions.
About Systematic Investment Plans
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.
Corpus Of Rs 20 Crores For Investors
This article investigates SIP by analyzing its projected 12% yearly return rate for beneficial outcomes.
- Monthly Investment: Rs 21,000
- Time Period: 40 years
- Expected Annual Return Rate: 12%
- Total Invested Amount: Rs 1,00,80,000
- Estimated Return: Rs 19,55,74,491
- Total Amount At Maturity: Rs 20,56,54,491
Note: This calculation is based on SIP Calculator.
Investing Rs 21,000 every month for 40 years in a Mutual Fund will enable you to create more than Rs 20 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.)
