Tuesday , October 8 2024

Do you want 5 crore rupees in 25 years? Know how much SIP you will need

Money Freepik 1 1727114007

There are many investment options to create a large amount in the long term, but mutual fund SIP is considered to be an excellent investment tool to achieve this goal easily. According to official data, mutual fund SIP has helped investors a lot in creating a large fund in the long term. If you are also planning to raise a large amount for your child’s education, marriage, or business, then SIP can help you achieve this goal. Here we will know how much SIP will have to be done every month to raise a fund of Rs 5 crore in 25 years.

How much SIP will be required to earn a 12% return

If you are aiming to raise Rs 5 crore in 25 years, then this can be possible through mutual fund SIP. Suppose you are getting an average annual return of 12 percent every year, then you will have to do a SIP of Rs 27,000 every month. If you do a SIP of Rs 27,000 every month and you get an average annual return of 12 percent on this investment, then in 25 years you can create a fund of Rs 5.12 crore.

If you get a 15% return then how much money will you have to invest every month

Similarly, if you get an average annual return of 15 percent every year, then you will have to do a SIP of Rs 16,000 every month. If you do a SIP of Rs 16,000 every month and you get an average return of 15 percent every year, then in this way you can create a corpus of Rs 5.25 crore in 25 years. Keep in mind that with this investment plan, to create a fund of Rs 5 crore in 25 years, you will have to continue the SIP without stopping.