How many years will Rs 3,000, Rs 5,000, and Rs 7,000 monthly SIPs take to create Rs 2 crore corpus; understand it through calculation
From Small Investment to Large Corpus: If one gets 12 per cent annualised returns or over, reaching a large corpus with a small monthly investment can be possible in the long run.
From Small Investment to Large Corpus: A Rs 3,000, Rs 5,000, or Rs 7,000 monthly investment may not look large, but if these investments are made consistently for the long term and the investors get steady returns over the years, these amounts can help create large corpuses. How fast these investments can grow depends on the rate of return. If one gets 12 per cent annualised returns or over, reaching a large corpus with a small monthly investment can be possible in the long run. In this write-up, know how Rs 3,000, Rs 5,000, and Rs 7,000 monthly investments can grow to Rs 2 crore if annualised rates of returns are 12 per cent, 13 per cent, 14 per cent, or 15 per cent, respectively.
Photos: Unsplash/Pixabay
From Rs 3,000 monthly SIP to Rs 2 cr corpus at 12 per cent growth
It will take approximately 37 years. In 37 years, the investment will be Rs 13,32,000, long-term capital gains will be Rs 1,94,87,555, and the expected amount will be Rs 2,08,19,555.
From Rs 3,000 monthly SIP to Rs 2 cr corpus at 13 per cent growth
It will take approximately 35 years. In 35 years, the investment will be Rs 12,60,000, long-term capital gains will be Rs 1,97,80,475, and the expected amount will be Rs 2,10,40,475.
From Rs 3,000 monthly SIP to Rs 2 cr corpus at 14 per cent growth
It will take approximately 33 years. In 33 years, the investment will be Rs 11,88,000, long-term capital gains will be Rs 1,93,88,649, and the expected amount will be Rs 2,05,76,649.
From Rs 3,000 monthly SIP to Rs 2 cr corpus at 15 per cent growth
It will take approximately slightly more than 31 years. In 32 years, the investment will be Rs 11,52,000, long-term capital gains will be Rs 2,12,75,604, and the expected amount will be Rs 2,24,27,604.
From Rs 5,000 monthly SIP to Rs 2 cr corpus at 12 per cent growth
It will take approximately 33 years. In 33 years, the investment will be Rs 19,80,000, long-term capital gains will be Rs 1,98,78,124, and the expected amount will be Rs 2,18,58,124.
From Rs 5,000 monthly SIP to Rs 2 cr corpus at 13 per cent growth
It will take approximately 31 years. In 31 years, the investment will be Rs 18,60,000, long-term capital gains will be Rs 1,94,56,728, and the expected amount will be Rs 2,13,16,728.
From Rs 5,000 monthly SIP to Rs 2 cr corpus at 14 per cent growth
It will take approximately 29 years. In 29 years, the investment will be Rs 17,40,000, long-term capital gains will be Rs 1,83,77,232, and the expected amount will be Rs 2,01,17,232.
From Rs 5,000 monthly SIP to Rs 2 cr corpus at 15 per cent growth
It will take approximately 28 years. In 28 years, the investment will be Rs 16,80,000, long-term capital gains will be Rs 1,95,06,839, and the expected amount will be Rs 2,11,86,839.
From Rs 7,000 monthly SIP to Rs 2 cr corpus at 12 per cent growth
It will take approximately 30 years. In 30 years, the investment will be Rs 25,20,000, long-term capital gains will be Rs 1,90,46,812, and the expected amount will be Rs 2,15,66,812.
From Rs 7,000 monthly SIP to Rs 2 cr corpus at 13 per cent growth
It will take approximately 28 years. In 28 years, the investment will be Rs 23,52,000, long-term capital gains will be Rs 1,81,18,945, and the expected amount will be Rs 2,04,70,945.
From Rs 7,000 monthly SIP to Rs 2 cr corpus at 14 per cent growth
It will take approximately 27 years. In 27 years, the investment will be Rs 22,68,000, long-term capital gains will be Rs 1,92,54,780, and the expected amount will be Rs 2,15,22,780.
From Rs 7,000 monthly SIP to Rs 2 cr corpus at 15 per cent growth
It will take approximately slightly more than 26 years. In 26 years, the investment will be Rs 21,84,000, long-term capital gains will be Rs 2,00,96,994, and the expected amount will be Rs 2,22,80,994.