If you're planning to build a corpus worth crores of rupees, you should definitely learn about mutual fund systematic investment plans (SIPs).

SIP Investment Plan: Indians are constantly looking for investment options that generate good returns while also earning money. While there are many investment options available in the market, people have to research them to meet their needs and financial goals.

If you're also planning to build a corpus worth crores of rupees, you should definitely learn about mutual fund systematic investment plans (SIPs). Under SIPs, your money grows faster and you earn interest on the interest earned. If you want to build a corpus worth 5 crores of rupees in 30 years through SIPs, you should plan your investments accordingly.

How to build a 5 crore fund?

If you want to build a corpus of ₹5 crore over the long term through SIPs, you first need to choose the right fund. When selecting a fund, you should choose one that has the potential to deliver an annual return of 12%. Many funds in the market offer higher returns, but to understand this calculation, let's assume an average of 12%.

Now, suppose you start a SIP of ₹15,000 per month in a good fund. You continue your investment for 30 years. If your investment earns an average annual return of 12%, your total corpus could exceed ₹5 crore. Your total investment will be ₹54,00,000, and the remaining ₹47,548,707 will be earned solely as interest. This means that your investment will reach this figure through the power of compounding.

However, SIP investments depend on the market. It's possible that your returns may be lower. Therefore, investing decisions should be made only after thoroughly understanding the market and consulting your investment advisor.

Disclaimer: (The information provided here is for informational purposes only. It is important to note that investing in the market is subject to market risks. Always seek expert advice before investing. India Employment News never recommends investing here.)