SIP calculator 40 years: Rs 5000/month can give Rs 5 crore or more

SIP calculator 40 years: Rs 5000/month can give Rs 5 crore or more

Photos: Pexels/Pixabay

Photos: Pexels/Pixabay

Investing in mutual funds via SIP is considered an effective way to accumulate wealth in long-term. Here’s a look at how much one may get with Rs 5000 monthly SIP for 40 years.

Investing in mutual funds via SIP is considered an effective way to accumulate wealth in long-term. Here’s a look at how much one may get with Rs 5000 monthly SIP for 40 years.

Before reading further, please note that the wealth you can accumulate with SIP will depend on the actual returns your fund may give.

Before reading further, please note that the wealth you can accumulate with SIP will depend on the actual returns your fund may give.

If returns are high, you will have a larger corpus. If not, your final corpus will be small. For your understanding, we have calculated assuming 8%, 10%, 12% and 15% annualised returns.

If returns are high, you will have a larger corpus. If not, your final corpus will be small. For your understanding, we have calculated assuming 8%, 10%, 12% and 15% annualised returns.

The SIP calculator shows that a monthly investment of Rs 5000 at 12% annualised returns will grow to approx. Rs 5.7 crore in 40 years.

The SIP calculator shows that a monthly investment of Rs 5000 at 12% annualised returns will grow to approx. Rs 5.7 crore in 40 years.

If annualised return is 12%

If annualised return is 12%

The SIP calculator shows that a monthly investment of Rs 5000 at 10% annualised returns will grow to approx. Rs 2.9 crore in 40 years.

The SIP calculator shows that a monthly investment of Rs 5000 at 10% annualised returns will grow to approx. Rs 2.9 crore in 40 years.

If annualised return is 10%

If annualised return is 10%

The SIP calculator shows that a monthly investment of Rs 5000 at 8% annualised returns will grow to approx. Rs 1.5 crore in 40 years.

The SIP calculator shows that a monthly investment of Rs 5000 at 8% annualised returns will grow to approx. Rs 1.5 crore in 40 years.

If annualised return is 8%

If annualised return is 8%

The SIP calculator shows that a monthly investment of Rs 5000 at 15% annualised returns will grow to approx. Rs 15.5 crore in 40 years.

The SIP calculator shows that a monthly investment of Rs 5000 at 15% annualised returns will grow to approx. Rs 15.5 crore in 40 years.

If annualised return is 15%

If annualised return is 15%

It is important to note that selecting the right fund for long-term investment is crucial to get the desired corpus.

It is important to note that selecting the right fund for long-term investment is crucial to get the desired corpus.

At the same time, understanding your life’s financial goals, risk appetite and risk capacity is also important before making any investment decision.

At the same time, understanding your life’s financial goals, risk appetite and risk capacity is also important before making any investment decision.

As there are so many SIP schemes, it is advisable to consult a SEBI-registered financial advisor, who will help you in making the right decision.

As there are so many SIP schemes, it is advisable to consult a SEBI-registered financial advisor, who will help you in making the right decision.

Next: 15 SIP schemes with 5x more returns than Fixed Deposit in 3 years