With the help of SIP Calculator, understand how much you will have to invest to create a fund of Rs 2 crore in 15 years. Let’s take a target of 2 crores and to complete the target in 15 years, then 40,000 rupees will have to be invested every month.
SIP Calculator: Have seen that ad on TV or social media.. Mutual Fund is right? If yes then why haven’t you invested yet? Afraid of risk? But, if there is risk, there is love too, isn’t it? The returns of Mutual Funds themselves show that becoming a Crorepati is easier here than in any other investment tool. However, the goal should be for the long term. This is such an option, in which you can easily make 2 crore rupees in the long term. There are many such schemes, which have given annual returns of 12 to 15 percent in the long term.
Start investing through SIP
If you are afraid of taking risk, then invest in mutual funds through Systematic Investment Plan (SIP). Through this also a big fund can be made. Let us assume that you take a period of 15 years, then you can get 2 crore rupees. Making 2 crores in 15 years seems difficult to hear. But, it’s easy. With SIP Calculator, you can understand how this fund will be prepared and for how many months the investment will have to be made.
SIP Calculator: How much investment is required for Rs 2 crore?
With the help of SIP Calculator, understand how much you will have to invest to create a fund of Rs 2 crore in 15 years. Let’s take a target of 2 crores and to complete the target in 15 years, then 40,000 rupees will have to be invested every month. Applying an estimated return of 12% on this, you will get Rs 2,01,83,040 in that period. During this your investment will be of Rs 72 lakh.
SIP Calculator: Will your money become a return machine?
You invest 40,000 rupees every month through SIP for 15 years and you will see that in 15 years your money has increased by about 1.29 crore rupees. The investment in this entire period will be Rs 72 lakh. However, do keep in mind here that this is an estimated return, market fluctuations can affect the performance of Mutual Funds return.
SIP Calculator: At what age to become Crorepati?
According to experts, start investing in mutual fund SIP as soon as possible. Because, with this you get the benefit of returns till the long term. Suppose at the age of 25, you start a monthly SIP of Rs 40,000, then at the age of 40 you will have Rs 2 crore.
Invest in a systematic way
You can guess from SIP Calculator that in this systematic way of investment, you do not have to face the market risk directly. At the same time, the returns are also more than the traditional product. However, there is a risk in this too. Therefore, the investor should decide the investment by looking at his income, target and risk profile.
Disclaimer: Investment in Mutual Funds is subject to market risks. Before making any kind of investment, definitely take the advice of a financial advisor. The calculation given above is based on estimation.
