Magic Of SIP

Just, Rs. 5000/- pm SIP can make you CROREPATI in 20 years

Mutual fund SIPs do wonder to one’s wealth. A disciplined savings of just Rs 5000/- a month in a top rated diversified MF equity fund-Growth option can make you CROREPATI. Look at the table below to know your road to crorepati via Mutual Fund SIP route.

 

ROAD TO CRORE Via-

MUTUAL FUND SIP ROUTE

Savings Amount

Per Month

Savings Tenure

 

Likely wealth

In Rupees

In years

With 17% returns

With 15% returns

Rs. 1000/-

30 years

Rs. 1,12,58,000/-

70,10,000

Rs. 2000/-

26 years

Rs. 1,13,91,000/-

75,50,000

Rs. 3000/-

23 years

Rs. 1,02,12,000/-

72,50,000

Rs. 4000/-

22 years

Rs. 1,14,56,000/-

82,83,000

Rs. 5,000/-

20 years

Rs. 1,01,15,000/-

75,80,000

Rs. 6000/-

19 years

Rs. 1,01,85,000/-

77,69,000

Rs. 7000/-

18 Years

Rs. 99,60,000/-

77,30,000

Rs. 8000/-

18 years

Rs. 1,13,82,000/-

88,34,000

Rs. 9000/-

17 years

Rs. 1,07,16,000/-

84,61,000

Rs. 10,000/-

16 Years

Rs. 99,46,000/-

79,87,000

 

So come, be CROREPATI and make all your children also CROREPATI

Notes:

  • Top rated diversified MF EQUITY SCHEMES- growth plans launched 15-20 years back have delivered more than 20% compounded annual average returns (Source:MF monthly fact sheets of various fund houses for the month of April-2016).
  • To be on conservative side we have shown calculation with just 17% and 15% CAGR returns.  (MF returns are market linked. Past performance may or may not be repeated in future).