FAQs
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.
How much SIP for 1 crore in 10 years? ›
In order to make 1 crore in 10 years, here are the following amount one needs to invest. An individual can invest INR 38,050 to get 15% annual interest. Hence, in 10 years, the amount will be INR 1,0,09,124, and the investor will achieve the target of making 1 crore in 10 years.
What is the return on SIP after 10 years? ›
If you invest ₹5,000 per month in a Systematic Investment Plan (SIP) for a period of 10 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: ₹6,00,000. Estimated Returns will be will be: ₹5,61,695.
What is the value of SIP after 20 years? ›
For calculations, the monthly SIP interest rate would be 12%/12 = 1/100 = 0.01. After using the monthly SIP calculator, this results in approximately ₹9,99,148 after 20 years, that's ₹7,59,148 as potential capital gains on your investment of ₹2,40,000.
How to make 2 crore in 10 years? ›
To reach your target of Rs 2 crore in 10 years, you'll need to increase the monthly SIP by Rs 40,000, taking it to Rs 75,000. Alternatively, you could consider raising the SIP to Rs 50,000 per month and gradually increasing it by 10% each year.
What happens if I invest $1,000 in SIP for 10 years? ›
You also have n = 10 years or 120 months. FV = Rs 1,84,170. So, the future value of a SIP investment of Rs 1,000 per month for 10 years at an estimated rate of return of 8% is Rs 1,84,170.
What if I invest $5,000 in SIP for 10 years? ›
The SIP calculator shows that a monthly investment of Rs 5000 in the direct plan of this scheme would have grown to approx. Rs 30.5 lakh in 10 years. Monthly SIP of Rs 5000 in the regular plan would have grown to approx. Rs 28.6 lakh in 10 years.
How to make 3 crore in 10 years? ›
At present, your potential to invest is ₹60,000 per month and if you keep investing the same amount every month for the coming 10 years, you will be able to build a corpus of ₹1.2 crore at 10% p.a. and ₹1.33 crore at 12% p.a. You need a monthly investment of ₹1.15 lakh to reach your goal of ₹3 crore.
How to get 50 lakhs in 5 years with SIP? ›
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.
How to get 1 crore from mutual fund? ›
The rule says to achieve the goal of earning Rs 1 crore, an investor should invest Rs 15,000 monthly through SIP for 15 years, considering a 15% annual return from an equity fund. Consistent adherence to this strategy can lead to significant wealth accumulation.
Equity Hybrid Debt Solution Oriented Others Filter
Scheme Name | Plan | 1Y |
---|
Axis Bluechip Fund - Direct Plan - Growth | Direct Plan | 16.34% |
LIC MF Large Cap Fund - Direct Plan - Growth | Direct Plan | 15.01% |
UTI Large Cap Fund - Direct Plan - Growth | Direct Plan | 15.47% |
SBI Blue Chip Fund - Direct Plan - Growth | Direct Plan | 15.07% |
29 more rows
What happens if I invest 15000 a month in SIP for 10 years? ›
15,000 per month via SIP for 10 years, you are actually just investing about Rs 18 lakh. But return you are getting is around Rs 35-36 lakh. It is double of what you originally invested over the 10-year period. And the longer you keep investing, the better the returns get!
What happens if I invest 20000 a month in SIP for 10 years? ›
Given that performance, if one would started investing Rs 20,000 monthly through SIP in this fund 10 years ago, they would have got Rs 1.01 crore with capital gains of Rs 77.18 lakh. The expense ratio of the scheme is 0.77 per cent against the category average of 0.62 per cent.
Which SIP gives 40% return in India? ›
There are eight large cap mutual funds which have delivered over 40 percent return in the past one year. These include Quant Large Cap Fund, Bank of India Bluechip Fund, JM Large Cap Fund and Nippon India Large Cap Fund, among others.
Which SIP is best for $1000 per month? ›
Details of Best SIP Plans for 1000 per Month
- Kotak Life – Frontline Equity Fund. ...
- Bajaj Life – Accelerator Mid-cap Fund II. ...
- Bajaj Life – Pure Stock Fund. ...
- Quant Active Fund. ...
- Parag Parikh Flexi Cap Fund. ...
- Quant Focused Fund. ...
- Edelweiss Large & Mid Cap Fund. ...
- Kotak Equity Opportunities Fund.
Can I retire with 1 crore in India? ›
Adhil Shetty, CEO of Bankbazaar.com, says, “Retiring with a corpus of over Rs 1 crore is achievable with early planning and disciplined investing. By leveraging the power of compounding, diversifying your portfolio, and periodically increasing your investments, you can build a substantial retirement fund.
Is 30 crore enough to retire in India? ›
With regard to retirement, an industry norm is the 30X rule, which means that your retirement corpus should be at least 30 times your annual expenses today. For example, if you are 50 years old and your annual expenses are Rs 9 lakh, then as per the 30X rule, you need 30 times Rs 9 lakh to retire comfortably.
Is 2 crore enough to retire in India? ›
Rs. 2 crore will sustain withdrawals for 25 years only. Need to hike target to Rs. 3 crore or defer retirment by 5-6 years.
What happens if you invest 20000 a month for 10 years? ›
If an investor invests 20,000 per month for 10 years at the interest rate of 12%, he will be able to generate INR 47 lakh, i.e., more than double the amount he earned in the first five years. In addition, the earnings in 15 years will double the income that an investor had generated in the first 10 years.
How much is $500 a month invested for 20 years? ›
What happens when you invest $500 a month
Rate of return | 10 years | 20 years |
---|
4% | $72,000 | $178,700 |
6% | $79,000 | $220,700 |
8% | $86,900 | $274,600 |
10% | $95,600 | $343,700 |
Nov 15, 2023
Save as Much as You Possibly Can
“Say you're going to average 10% a year on your investment return — you're going to need to save about $5,000 each month to save $1 million.” Moore recommends putting this money into an employer-sponsored retirement savings account, if possible.