Want to deposit 10 crore rupees in 25 years? Know how much SIP you will have to do every month

Money Freepik 1728407982

Mutual fund SIP is now becoming the favorite investment option of common people. Common people in the country are now investing in SIP in large numbers. If a person is looking for a better option of investment for the long term, then mutual fund SIP can be a good option. Official data of AMFI shows that SIP has given tremendous profit to investors in the long term. Today we will know here how much SIP will have to be done every month to create a corpus of Rs 10 crore in 25 years.

Your investment depends on these 2 major things.

To accumulate Rs 10 crore through SIP in 25 years, you have to keep in mind 2 most important things. First, how much return are you getting, and second, how much money are you investing every month? 

10 years step-up will work

If you have 25 years and want to create a corpus of more than Rs 10 crore, you can also resort to step-up. If you start a SIP with Rs 24,000 and step up 10 percent every year, i.e. increase your SIP amount by 10 percent every year, on which you get an average estimated return of 12 percent every year, then in 25 years you can create a corpus of Rs 10.11 crore.

If you get a 15% return then you will have fun.

If you get an average expected return of 15 percent per year during the 25-year investment period, you would have to start the SIP with Rs 23,000 and step up by 5 percent every year. With this investment strategy, you can create a corpus of Rs 10.31 crore in 25 years.

You will have to take special care of these things

You have to keep in mind here that to achieve your goal, you have to continue SIP without stopping and keep doing step-ups with full discipline. If you make any mistake anywhere, then it may take you more time to achieve your goal.