Time required for Rs 50 lakh with SIP
Time required for Rs 50 lakh with SIP
Homebuying
Homebuying
Jan 05, 2023
Rajeev Kumar
You can use Mutual Fund SIP to arrange funds to buy a house in future. Here’s a look at how much time it will take to get Rs 50 lakh at 12% interest with SIP.
You can use Mutual Fund SIP to arrange funds to buy a house in future. Here’s a look at how much time it will take to get Rs 50 lakh at 12% interest with SIP.
It will take 15 years to get Rs 50 lakh from SIP if the annual return is 12%
It will take 15 years to get Rs 50 lakh from SIP if the annual return is 12%
Rs 10,000 SIP
Rs 10,000 SIP
It will take 10 years and 6 months to get Rs 50 lakh from SIP if the rate of return is 12%.
It will take 10 years and 6 months to get Rs 50 lakh from SIP if the rate of return is 12%.
Rs 20,000 SIP
Rs 20,000 SIP
It will take 9 years and 2 months to get Rs 50 lakh from SIP if the rate of return is 12%.
It will take 9 years and 2 months to get Rs 50 lakh from SIP if the rate of return is 12%.
Rs 25,000 SIP
Rs 25,000 SIP
It will take 8 years and 2 months to get Rs 50 lakh from SIP if the rate of return is 12%.
It will take 8 years and 2 months to get Rs 50 lakh from SIP if the rate of return is 12%.
Rs 30,000 SIP
Rs 30,000 SIP
It will take 6 years and 9 months to get Rs 50 lakh from SIP if the rate of return is 12%.
It will take 6 years and 9 months to get Rs 50 lakh from SIP if the rate of return is 12%.
Rs 40,000 SIP
Rs 40,000 SIP
It will take 5 years and 10 months to get Rs 50 lakh from SIP if the rate of return is 12%.
It will take 5 years and 10 months to get Rs 50 lakh from SIP if the rate of return is 12%.
Rs 50,000 SIP
Rs 50,000 SIP
It will take 4 years and 3 months to get Rs 50 lakh from SIP if the rate of return is 12%.
It will take 4 years and 3 months to get Rs 50 lakh from SIP if the rate of return is 12%.
Rs 75,000 SIP
Rs 75,000 SIP
It will take 3 years and 5 months to get Rs 50 lakh from SIP if the annualised rate of return is 12%.
It will take 3 years and 5 months to get Rs 50 lakh from SIP if the annualised rate of return is 12%.
Rs 1 lakh SIP
Rs 1 lakh SIP
Bank loans cover 80% cost of the house. However, it is always better to keep the loan amount as low as possible. This is where SIP can help.
Bank loans cover 80% cost of the house. However, it is always better to keep the loan amount as low as possible. This is where SIP can help.
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