Investment requires consistency and patience. It’s like planting a tree, you nurture it, care for it, and gradually, it grows strong and tall. Similarly, with a steady investment habit, your money can grow in the long run. For example, by investing Rs 4,500, Rs 5,500, or Rs 6,500 every month, you can end up generating a sizeable retirement corpus. Let’s see how these monthly investments can help you build a corpus of Rs 2.5 crore.
Power of compounding
Compounding is when your investments earn money, and then that money earns even more. To make the most of it, start investing early and keep going steadily over time.
Systematic Investment Plan
SIP lets you invest a fixed amount of money regularly into a mutual fund. You can choose how often you invest: daily, weekly, monthly, or yearly.
Power of SIP
- You can invest as much or as little as you want. Starting with Rs 100
- Investing is automated, so you don’t have to worry about it.
- It’s a convenient way to invest your money regularly.
SIP calculation conditions
- Target corpus: Rs 2.5 crore
- Monthly investments: Rs 4,500, Rs 5,500, and Rs 6,500
- Annualised return: 12 per cent
How soon can you achieve Rs 2.5 crore corpus with Rs 4,500 monthly SIP?
It will take approximately 34 years to reach this target corpus.
How soon can you achieve Rs 2.5 crore corpus with Rs 5,500 monthly SIP?
It will take approximately 32 years to reach this target corpus.
How soon can you achieve Rs 2.5 crore corpus with Rs 6,500 monthly SIP?
It will take approximately 31 years to reach the given target corpus.
What will be your retirement corpus with Rs 4,500 monthly SIP
The investment amount will be Rs 18,36,000, the estimated capital gains will be Rs 2,40,51,842, and the estimated retirement corpus will be Rs 2,58,87,842.
What will be your retirement corpus with Rs 5,500 monthly SIP?
The investment amount will be Rs 21,12,000, the estimated capital gains will be Rs 2,26,89,134, and the estimated retirement corpus will be Rs 2,48,01,134.
What will be your retirement corpus with Rs 6,500 monthly SIP?
The investment amount will be Rs 24,18,000, the estimated capital gains will be Rs 2,35,19,629, and the estimated retirement corpus will be Rs 2,59,37,629.
(Disclaimer: Our calculations are projections and not investment advice. Do your due diligence or consult an expert for financial planning)
