Magic of Rs 5,000 SIP: How many years will it take to generate Rs 3 crore with Rs 5,000 monthly investment?
Investing just Rs 5,000 per month might sound like a small start, but when combined with Systematic Investment Plans (SIPs) and compounding, it can turn into a large corpus of Rs 3 crore. Let’s understand how soon you can reach this milestone with disciplined investing.
Saving and investing regularly can help individuals build significant wealth over time. Through a Systematic Investment Plan (SIP), even a small amount like Rs 5,000 per month combined with the power of compounding can help investors achieve financial milestones. In this article, we’ll explore how long it takes to reach the goal of Rs 3 crore corpus with Rs 5,000 monthly SIP.
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(Disclaimer: Our calculations are projections and not investment advice. Do your due diligence or consult an expert for financial planning)