SIP means Systematic Investment Plan is a scheme through which investors invest a fixed amount for a fixed period. This method is a great way to make a big amount from small amounts. Good returns are obtained over time through SIP. If you are also thinking of investing in SIP, then let us know how you can create a fund of lakhs or crores with the right plan.
What is SIP
SIP is an investment scheme in which small amounts can be invested. Mutual funds can be easily invested through this scheme. If someone’s monthly income is low, then they will be able to invest. In this scheme, you can invest for a term of 1 year annually or more than that, 2 years, 5 years, 10 years or more.
There are many platforms on the Internet to invest in SIP. There is no need to go anywhere for investment. Saving money is very important in the present time, it helps in emergency situations. You can open a free Demat account by clicking on the link given below so that you can easily invest in SIP.
How To Invest In SIP?
Through SIP, you can get good returns by investing less. If you invest only ₹ 9000 every month, then you can create a fund of ₹ 1 crore in 22 years.
SIP Return Calculation
Investment of Rs 9000 with 10% increase
If you invest ₹9000 every month for 22 years, the total investment will be ₹23,76,000. After this, you will get a return of about ₹82,52,000, which will take your total amount to ₹1 crore 6 lakhs.
Investment of Rs 1000 with 10% increase
If you invest ₹1000 every year for 31 years, increasing the SIP amount by 10 percent, you will get a fund of ₹1.02 crore. In this, your total invested amount will be ₹21.82 lakh and you will get a return of about ₹80 lakh.
Investment of ₹2000 with 10% increase
If you invest ₹2000 every month for 27 years, you can deposit about ₹1.14 crore. In this, your invested amount will be ₹29 lakh and you will get a return of about ₹86 lakh.
Investment of ₹3000 with 10% annual increase
If you invest ₹3000 every month and increase it by 10% every year, then you can create a fund of ₹1.10 crore in 24 years. Your total invested amount will be ₹31.86 lakh and interest will be ₹78.61 lakh.
Investment of ₹5000 with 10% increase
If you invest ₹5000 every month for 21 years, then your total amount will be ₹1.16 crore. In this, your invested amount will be ₹38.40 lakh and interest will be ₹77.96 lakh.
Benefits Of Creating Funds Through SIP
SIP is a long-term plan, which increases returns over time. Through this process, you can control your financial planning in a better way. This type of investment remains safe despite the fluctuations of the market.
Conclusion
SIP is a great way to convert your small savings into a large amount. If you invest in SIP in a planned manner, you can increase your money significantly over time. Whether ₹9000, ₹2000, ₹3000 or ₹5000, you can get good returns by investing in SIP in every amount. This method can prove to be very beneficial for your financial future. If you have any question regarding this post, then you can tell us by commenting in the comment box given below. Your feedback and suggestions are welcome as always. Thank you.
