- Advertisement -
Home Personal Finance SIP Calculation: Big News! Saving Rs 150 daily and you get 10...

SIP Calculation: Big News! Saving Rs 150 daily and you get 10 lakhs in 10 years; See Calculations & Details

0
PPF Account: Big News! Deposit Rs 5,000 monthly, Get Rs 42 lakhs, know scheme details here

Mutual Fund SIP Calculator: Investing in mutual funds through SIP is the simplest and easiest way. If your small savings are invested monthly, then a fund of lakhs of rupees can be easily created from it.



Mutual Fund SIP Calculator: Investing in mutual funds through SIP is the simplest and easiest way. If your small savings are invested monthly, then a fund of lakhs of rupees can be easily created from it. If you save Rs 150 daily and choose the option of investing in SIP every month, then you can easily build a corpus of 10 lakhs or more in 10 years. There are many such schemes of mutual funds, which have given annual returns of 12 to 15 percent or more in 10 years.

SIP Calculator: Know the Power of Saving Rs.150 Daily

Suppose, you save Rs 150 every day, then your savings become Rs 4,500 every month. If you do an SIP of Rs 4,500 every month and get an annual return of 12 per cent, you will create a corpus of more than Rs 10.45 lakh in 10 years. Similarly, if the annual return is 15 per cent, then this fund will exceed Rs 12.54 lakh. If the annual return is 20 percent, then you can become the owner of more than Rs 17.20 lakhs in 10 years with a monthly SIP of Rs 4500 with a daily savings of Rs 150.

These schemes gave returns of more than 15% 



There are many such schemes of mutual funds, whose returns have been more than 25 percent in the last 10 years. For example, the 10-year annualized return of Motilal Oswal NASDAQ 100 ETF Motilal Oswal NASDAQ 100 Exchange Traded Fund was more than 26 per cent. Similarly, Nippon India ETF Bank BeES has given returns of more than 16 per cent in 10 years. (The returns of these funds have been reported on the basis of NAV as on 2nd November 2021.)

SIP: Big fund will be made from small savings 

AK Nigam, Director, BPN Fincap says that SIP is a systematic method of investment. In the last 10 years, there are many such funds, whose annual SIP returns have been more than 12 percent. In this, the investor does not have to face the risk of the market directly. At the same time, the returns are also higher than the traditional product. However, there is a risk in this too. Therefore, an investor should make an investment decision after looking at his income, target and risk profile. In this, the specialty of SIP is that you can start investing with just Rs 100 per month. Through this, you can easily know and understand the investment habit, risk and the assessment of the return on it.


- Advertisement -DISCLAIMER
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com

Exit mobile version