There are also ways to invest in Mutual Fund SIP. The first is regular SIP and the second is Step-up SIP. Today we will tell you how much you can invest every month in both methods to add a fund of up to 1 crore in 20 years. Let us know.

If you want to collect a big fund by investing money little by little, then investing in Mutual Fund SIP is the best option. By investing little by little in Mutual Fund SIP for a long time, you can collect a fund of crores. There are also ways to invest in Mutual Fund SIP. The first is regular SIP and the second is Step-up SIP. Today we will tell you how much you can invest every month in both the methods to add a fund of up to 1 crore in 20 years. Let's know.

In Regular SIP, you have to invest a fixed amount in SIP every month. If you want to collect a fund of up to 1 crore in 20 years, then you will have to invest Rs 11,000 every month in SIP for 20 years continuously. By doing this, you will invest a total of Rs 26,40,000 in 20 years. According to the return of 12 percent, you will get a total of Rs 74,78,431 in this only as interest. In such a situation, after 20 years you will have a total of Rs 1,01,18,431.

Step-up SIP to get a fund of up to 1 crore

Step-Up SIP is also known as Top-up SIP. In this method, you have to increase the monthly SIP by 10 percent on an annual basis. Suppose if you start with a SIP of Rs 5000 every month, then you have to increase it by 10 percent every year. 10 percent of 5000 is Rs 500. In such a situation, you will have to invest Rs 5500 every month in SIP next year.

If you want to collect funds up to 1 crore through Step-up SIP, then you will have to start with a SIP of Rs 5500 every month and increase it by 10 percent on an annual basis. In this way, you will invest Rs 37,80,150 in 20 years. In this, you will get Rs 64,67,111 as interest. In such a situation, after 20 years you will have Rs 1,02,47,261.