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SIP Calculator: An investment of Rs 100 per day, will give Rs 1 crore 16 lakh 5 thousand, know calculation

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Whatever be the work, if it is done for a long time, then success is definitely felt. Something similar is the case with SIP in which we have to invest for a long time, after which we get tremendous returns. Let’s know about that small investment in SIP which will make you a millionaire


New Delhi, Investment in thousands and earning in crores… Sounds strange to hear but it is easy to make reality. Many people see the dream of becoming a millionaire, but only those who understand the nuances of investing can make it true. Investing is easy but, it is important to know where and how much to invest to reach your target.

If you work with the right direction and strategy, you will definitely become a millionaire in time. For this, it is also necessary to have age-match. There is no shortcut way to become a millionaire. There is only one way to make money from money. Whether the salary is less or more, the continuity of investment will take you to the goal and will help in creating a big corpus.

You can invest with a small amount, not a big one.
There is no need of huge amount for investment. A large fund can be created even with a small amount. Every month you have to choose how much money to save everyday and invest it regularly. You must have often seen in advertisements that mutual funds are right. But, how much is right for whom decides on the sustainability of your investment. Understand the power of SIP and save Rs 100 per day and travel up to Rs 1 crore. For this a trick has to be used.

Saving of only Rs 100 will give more than 1 crore
Make it a habit to invest Rs 3000 in mutual funds every month through Systematic Investment Plan (SIP). Meaning you have to save 100 rupees daily. Invest this money for 21 years. Meaning you have to invest monthly for a total of 250 months. Mutual Funds have given strong returns over a long period. There are many funds which have given returns of up to 20% and look very good for earning further. Do a thorough study before choosing funds. If there is a financial planner, then invest only on their advice.

How 1 crore rupees will be made from 100 rupees in 250 months
Suppose you save 100 rupees daily, then this amount will be 3000 rupees in a month. Invest it in mutual funds through SIP. According to 20% annual return, you will have Rs 1,16,05,388 (1.2 Crores) in 21 years. It is to be noted here that during 21 years you have invested only Rs 7,56,000. The remaining Rs.1,08,49,388 (1.1 Crores) has earned you wealth. Meaning compounding has given tremendous advantage here.

How much will you earn with inflation?
Keep in mind that this calculation is only an estimate. If we also add inflation for 21 years, then the figures will be different. Suppose you started investing with Rs 3000 and got an annual return of 20%, then you would have Rs 45,77,647 (45.8 Lakhs). The investment amount will remain the same at Rs 7,56,000 (7.6 Lakhs) and the wealth gain will be Rs 38,21,647 (38.2 Lakhs). Here the annual inflation rate has been taken as 6%. With this your investment amount has been adjusted.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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