Mutual fund calculator: ₹10,000 monthly SIP can make you a crorepati (2024)

FAQs

How much will I get if I invest $10,000 in SIP? ›

You can invest just Rs 500 per instalment in a mutual fund through the SIP. How much Return Rs.10000 would create in 30 Years? If you invest Rs.10000 per month through SIP for 30 years at an annual expected rate of return of 11%, then you will receive Rs.2,83,02,278 at maturity.

Thus, assuming an annualised returns of 7 per cent from debt funds, an investor would need to invest Rs 1.40 lakh per month through SIP to create a corpus of Rs 1 crore in 5 years.

SIPs: This mutual fund equivalent of bank recurring deposits can make you a crorepati - here's how. SIP route to become a crorepati? An investor who invests Rs 10,000 per month in the BSE Sensex TRI (Total Returns Index) for 25 years would accumulate Rs 2.71 crore.

Here are our recommendations. Here, we explore how you could potentially amass a corpus of Rs 5 crore by investing Rs 50,000 per month through SIPs. This is assuming an annualised return of 13% with annual step-up of 10%. Wealth creation through SIPs requires patience and discipline.

It's a milestone that represents financial stability and achievement. Let's say that you saved Rs 1 crore today; if you invest this at the rate of 15%, in just five years you will have another Rs 1 crore. This is where the magic of compounding begins.

For instance, if you invest Rs. 10,000 in a mutual fund (at 10% interest rate per annum), you gain an interest of Rs. 1,000 at the end of the year. Now, you start making interest not just on the original Rs. 10,000 you invested but also on the Rs. 1,000 you have received as interest.

A monthly SIP of Rs 20,000 in Quant Small Cap Fund would have grown to Rs 1.04 crore in the last 10 years. The scheme gave an XIRR of 27.73% in the same period. Quant ELSS Tax Saver Fund would have turned a monthly SIP of Rs 20,000 into Rs 95.38 lakh with an XIRR of 26.04% in the last 10 years.

For example, if an individual plan to accumulate ₹50 lakhs over the tenure of 5 years, assuming the individual invests in a Flexicap fund or a Multicap fund which is giving an annualized return of 15%, then the individual needs to invest ₹55,750 per month for 5 years in order to generate the required corpus.

SIP Crorepati Route: Consider a scenario where you begin your SIP journey with a monthly investment of Rs 10,000. If you commit to increasing this amount by 5% annually, you can accumulate a substantial sum of Rs 1 crore in approximately 18.3 years, or 220 months.

How to accumulate a Rs 10 crore corpus in 10 years? Assuming an expected return rate of 12 per cent per year, an investor would need to invest Rs 4.34 lakh per month in equity funds through SIP to create a corpus of over Rs 10 crore in 10 years.

Which SIP is most profitable? ›

What if I invest Rs. 3,000 a month in SIP for 5 years? If you invest Rs. 3,000 per month through SIP for 5 years, assuming 12% return. The estimate total returns will be Rs. 67,459 and the estimate future value of your investment will be Rs. 2,47,459.

How much is Rs. 5,000 for 5 years in SIP? If you invest Rs. 5,000 per month through SIP for 5 years, assuming 12% return. The estimate total returns will be Rs. 1,12,432 and the estimate future value of your investment will be Rs. 4,12,431.

The flexibility of choosing the investing frequency—be it weekly, monthly, quarterly, or annually—adds to its appeal. With just Rs. 10,000 a month, SIPs offer the potential to build a substantial financial reservoir over time.

If you invest ₹30,000 per month in a Systematic Investment Plan (SIP) for a period of 5 years, assuming an average annual return of 12% on your SIP investment, using the SIP calculator, your returns will be: Your invested amount will be: ₹18,00,000. Estimated Returns will be will be: ₹6,74,591.

However, just for better understanding, if you invest Rs 20,000 for 20 years, assuming a rate of return of 12%, you will roughly be able to generate an income of Rs 2 crores.