Thursday, 6 February 2025

How to Make 1 Crore in 10 Years by SIP?




You can make ₹1 crore in 10 years with a SIP plan. You invest small amounts regularly through a Systematic Investment Plan (SIP) in a mutual fund and let compounding grow your money. Choose the right fund, stay consistent, and follow simple steps to reach your goal of accumulating ₹1 crore in 10 years. 

Investment Period: 10 years
Expected Return: 12% p.a.
Target Amount: ₹1 crore


·       To earn 1Cr from mutual fund investment in 10 years (annual return is 12%), you need to invest Rs 44,640 every month for the entire tenure.


     To earn 1Cr from mutual fund investment in 20 years (annual return is 12%), you need to invest Rs 10,880 every month for the entire tenure.

  

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