Systematic Investment Plans (SIP) are systematic investment opportunities which enables users to distribute regular fixed funds directly to mutual funds. Moreover, SIPs help investors practice regular periodic investment through a structured system that develops their investment discipline. Nowadays, SIP investment methods are gaining popularity among all age groups of the investors.
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 SIP strategy to meet your financial objectives.
SIP offers various features, including fixed amount investment at regular intervals (weekly, monthly, or quarterly), adjustment of investment amount anytime based on individual’s financial situation, amount auto-debited from the bank account systematically, and individuals get the corresponding units of the chosen mutual fund against the amount.
This article will help investors to determine the best Systematic Investment Plan strategy for their needs. We will find out in how much time, an individual can make a corpus of Rs 1,02,82,725 by investing Rs 5,04,000 over time.
Corpus Of Rs 1,02,82,725
Using an approximate annual return rate of 12%, let’s conduct an analysis of the SIP, which can give superior returns.
Rs 1,050 Monthly:
- Monthly Investment: Rs 1,050
- Time Period: 40 years or 480 months
- Expected Annual Return Rate: 12%
- Total Invested Amount: Rs 5,04,000
- Estimated Return: Rs 97,78,725
- Total Amount At Maturity: Rs 1,02,82,725
(This is the data based on SIP calculator)
(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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