Everyone is including mutual funds in their portfolio today. It gives good profits in a short time. However, the returns received in this depend on the fluctuations of the market. This means that there is no guarantee of returns.

Now, let us know without wasting time how you can create a fund of Rs 50 lakh in 20 years through SIP.

Calculation
Fund required- 50 lakhs
Period- 20 years
If a person invests Rs 5500 every month in different mutual funds or a single mutual fund through SIP, then he will create a fund of Rs 50 lakhs in 20 years. In these 20 years, you will get Rs 50,59,215 on maturity. At the same time, the return in these 20 years will be Rs 37,39,215. Investors will accumulate Rs 13,20,000 from a SIP of Rs 5500.

How does the SIP calculator work?

Through the SIP calculator, investors can easily find out how much return they will get on their investment in the future. Most people invest in a mutual fund SIP for 20 to 30 years. So that they can get a good amount of funds in the future.

Currently, investors in mutual funds get an estimated return of 12 to 14 percent. However, this return depends on the fluctuations of the stock market.

The SIP calculator tells you about the maturity fund you will get in the future. However, the expense ratio is not added to it. This expense ratio is the same as the one you have to pay while investing.

Through the SIP calculator, you estimate the maturity amount according to the estimated return you get annually.

Apart from this, it tells how much money you should invest every month to create the desired fund

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