Mutual fund calculator: ₹10,000 monthly SIP can make you a crorepati (2024)

FAQs

How much will I get if I invest $10,000 in SIP? ›

The answer is yes. A monthly SIP of Rs 10,000 in HDFC Top 100 Fund would have turned you into a dollar millionaire (Rs 8.30 crore) in less than three decades. HDFC Top 100 Fund, an open-ended equity scheme predominantly investing in large-cap stocks, has successfully completed over 27 years of existence in the market.

Here, we explore how you could potentially amass a corpus of Rs 5 crore by investing Rs 50,000 per month through SIPs. This is assuming an annualised return of 13% with annual step-up of 10%. Wealth creation through SIPs requires patience and discipline.

Step-up SIP: You can achieve your target of earning Rs. 1 crore in 5 years by starting with an SIP of Rs. 75,000 per month and increasing it by 10% annually. This option is good for those expecting their income to rise over time, allowing them to progressively invest more.

SIP is generally considered better for long-term wealth creation due to potential higher returns from investing in mutual funds, but it comes with market risk. FD, on the other hand, offers guaranteed returns but tends to have lower returns compared to equity investments over the long term.

SIP Crorepati Route: Consider a scenario where you begin your SIP journey with a monthly investment of Rs 10,000. If you commit to increasing this amount by 5% annually, you can accumulate a substantial sum of Rs 1 crore in approximately 18.3 years, or 220 months.

An investor may generate at least 48 lakhs by investing 20,000 per month for 10 years. If one sees and analyses the returns on investment under SIP schemes, one may examine how they can build a corpus by investing 20,000 per month for 10 years under SIP schemes.

Consider investing Rs 15,000 per month for 15 years and earning 15% returns. After 15 years, the total wealth will be Rs 1,00,27,601 (Rs. 1 crore). According to the compounding principle, if we implement these very same returns and contributions for another 15 years, the amount we accumulate grows enormously.

What to do when your SIP returns turn negative. Share : Systematic Investment Plans (SIPs) allow investors to contribute a fixed amount at regular intervals in a mutual fund of their choice. However, like any investment, SIP can sometimes yield negative returns, showing losses instead of the expected gains.

What is the 8 4 3 rule in SIP? ›

What kind of returns can I expect with the 8-4-3 rule? Assuming a 12% annual return, your investment may double every 8, 4, and 3 years, leading to substantial growth over 15 years.

What is 15-15-15 Rule? The rule says to achieve the goal of earning Rs 1 crore, an investor should invest Rs 15,000 monthly through SIP for 15 years, considering a 15% annual return from an equity fund. Consistent adherence to this strategy can lead to significant wealth accumulation.

So, assuming an investor invests ₹10,000 per month for 15 years, maintaining 10 per cent annual step up, mutual funds SIP calculator suggests that one's SIP of ₹10,000 would yield ₹1,03,11,841 or ₹1.03 crore.

For those who opted for SIP investment, the fund has given a handsome return of 27.14% annually over the last 10 years, making an absolute return of 322.34%. At this rate, a Rs 10000 monthly SIP started with this fund would have earned over Rs 50 lakh to investors in 10 years.

How much is Rs. 5,000 for 5 years in SIP? If you invest Rs. 5,000 per month through SIP for 5 years, assuming 12% return. The estimate total returns will be Rs. 1,12,432 and the estimate future value of your investment will be Rs. 4,12,431.

If you invest $10,000 and make an 8% annual return, you'll have $100,627 after 30 years. By also investing $500 per month over that timeframe, your ending balance would be $780,326. Exchange-traded funds (ETFs) and mutual funds are both excellent investment options.

A monthly SIP of Rs. 5000 for 3 years would have become Rs. 2.38 Lakhs from the total of Rs. 1.8 Lakhs invested over the time period.