SIP Calculation: If you want to live in the future without any hassle, then you can invest in SIP. Yes, you can easily create a fund of up to 3 crores through SIP. Now you must be thinking about how to create a fund of Rs 3 crores, then we will help you with this. Actually, for this fund, you just have to invest ₹ 20,000 in SIP for 25 years. So let us understand the complete calculation of this SIP.
Creating a fund for the future
Given the rising inflation, it is becoming very important to start investing at the right time. Even if you are earning 1 lakh right now, then also this much money slips away like sand from the hand in this inflation. This is the reason why investment planning is becoming very important so that there is no shortage of money in the future. You can achieve your future goals only by investing in the right place. So we will tell you about SIP from where you can become a sure millionaire.
Create a fund in 25 years through SIP.
Yes, there is a Systematic Investment Plan (SIP) scheme under Mutual Fund. By investing in this plan, you can become rich in a short time. You can remain rich even after retirement through this plan. A strong fund will be created through SIP for a lifetime. For this, you just have to continue investing for 25 years.
What is SIP?
People have a lot of faith in Systematic Investment Plans (SIP), even if the market's effect is visible on this scheme, still investors can become millionaires by investing here. The work of making the future tension-free in the rising inflation is done only through SIP. A powerful fund can be created by getting a return of up to 12 percent through SIP. Suppose you invest just Rs 20,000 every month for the next 25 years, then you will become a millionaire. Meaning that you will have a huge fund of about Rs 3 crore.
How to create a fund of Rs 3 crore
If you want a financially safe life after your retirement, then choose the option of SIP. You can easily get a return of up to 12 percent in SIP. If you are investing Rs 20,000 every month for the next 25 years, then be prepared for a strong fund in the future. If you do the SIP calculation, it will be clear how you can have a fund of more than Rs 3 crore in 25 years. To get this fund, the investor just has to continue investing continuously.
Let's understand the complete calculation.
If you also want to spend your life without any tension in the future, then start investing in SIP immediately. If you invest Rs 20,000 every month in SIP, then you will easily get a return of up to 12 percent on it. This investment has to be continued without stopping for 25 years. After 25 years, your investment amount is going to be ₹ 60,00,000. At the rate of 12%, you will get a return of around ₹2,80,44,131. The total fund after adding the invested amount and the return will be around ₹3,40,44,131. That means in 25 years you will have a fund of around three and a half crores.
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