Systematic investment opportunities enable users to build their future better. Systematic Investment Plans (SIP) is a way by which users can distribute regular fixed funds directly to mutual funds . Moreover, SIPs promotes investment discipline, and it also helps investors practice regular periodic investment through a structured system.
SIP investment has gained humongous popularity among all age groups of the investors in current time.
At the time, when investors are actively seeking modern investment opportunities, there are various investment plans on offer, which can you grow your wealth. Systematic investment can help individuals achieve returns in crores. Likewise, this article aims to assist people in selecting the right SIP strategy to meet their financial objectives.
SIP facilitates investors with 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 how a person can make the corpus of Rs 19,58,61,420 by investing Rs 20,000, monthly for 40 years.
Monthly SIP Of Rs 20,000
Using an approximate annual return rate of 12%, let's conduct an analysis of the SIP, which can give superior returns.
Rs 20,000 Monthly:
