Mutual Fund SIP: Invest Rs 1,000 per month to grow your corpus to over Rs 3.5 crore at retirement, know calculations (2024)

FAQs

Mutual Fund SIP: Invest Rs 1,000 per month to grow your corpus to over Rs 3.5 crore at retirement, know calculations? ›

Consider this calculation:

Investing Rs 1,000 per month should not be a big deal for anyone to save their future. Now, if you invest Rs 1,000 in an MF SIP and get a 12 per cent return, you can become a crorepati at the age of 60. At a 12 per cent rate of return, a Rs 1,000 SIP may earn you Rs 1,14,00,000.

There is no limit to the amount you can invest in a SIP. The minimum amount that you can invest is Rs. 500 per month. (With the exception of SBI Small Cap Fund).

Based on this data you will have approx 08–09 lakhs. Here your money will be safe or have zero risk. Mid Cap Mutual Fund:- If you invest Rs 1000/per month for 20 yrs in Mid cap mutual fund, Assuming that 15–16 % interest rate. You will have approx 15–16 lakhs.In long term all mutual funds are safe.

In fact, at the end of the five years, if you invest $1,000 per month you would have $83,156.62 in your investment account, according to the SIP calculator (assuming a yearly rate of return of 11.97% and quarterly compounding).

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.

If the average dividend yield of your portfolio is 4%, you'd need a substantial investment to generate $3,000 per month. To be precise, you'd need an investment of $900,000. This is calculated as follows: $3,000 X 12 months = $36,000 per year.

Looking further ahead, after 20 years, the value of Rs 1 crore will shrink to around Rs 31.18 lakh, factoring in 6% inflation. Finally, after 30 years, Rs 1 crore will be worth approximately Rs 17.41 lakh in today's terms.

How to make 1 crore in 5 years in SIP? ›

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.

Although a SIP is safe, it is not entirely risk-free. So, before you start a SIP in the mutual fund of your choice, you need to be aware of the risks involved. Do note that most of the risks listed below are not entirely tied to the SIP itself, but often stem from the mutual fund schemes or the market in general.

Yes, you can invest Rs. 1,000 monthly in an HDFC mutual fund SIP.

Take for example you want to invest Rs. 1,000 per month for 12 months at a periodic rate of interest of 12%. which gives Rs 12,809 Rs approximately in a year. The rate of interest on a SIP will differ as per market conditions. It may increase or decrease, which will change the estimated returns.

A SIPP is one of the best ways to invest £1,000 per month

So it's never too early to start squirrelling money away for your retirement – the more, the merrier. If you invest 1,000 pounds into a SIPP every month, you will soon have a considerable nest egg for your twilight years.

If you want to collect $1,000 in safe monthly dividend income, simply invest $121,000 (split equally, three ways) into the following three ultra-high-yield monthly payers, which are averaging a 9.92% yield.

How much is Rs. 1,000 for 5 years in SIP? If you invest Rs. 1,000 per month through SIP for 5 years, assuming 10% return. The estimate total returns will be Rs. 18,082 and the estimate future value of your investment will be Rs. 78,082.