SIP Investment: Can Rs 70/day savings help you build Rs 6 crore corpus? Understand calculations for 10, 20, 30, and 40 years at 13%, 14%, and 15% return
SIP Investment: Know how SIP investment and the power of compounding can help you build wealth with small, consistent savings. Understand with calculations SIP returns and growth over 10, 20, 30, and 40 years.
SIP Investment, Power of Compounding for Long-Term Wealth: Whether you're planning for retirement, saving for a home, or funding your children's education, you can build significant wealth for your financial goals without much worry. All it takes is investing a small amount every month in a disciplined, strategic way. Yes, you read that right — even small investments can grow into a large corpus over the long term when invested wisely. One of the most effective and straightforward ways to achieve this is through mutual fund SIPs (Systematic Investment Plans).
(Disclaimer: Our calculations are projections and not investment advice. Do your own due diligence or consult an expert for financial planning)
SIP Mutual Funds: Flexibility and Simplicity
SIPs offer flexibility, allowing investors to adjust their contributions based on their budget and financial goals. The best part? You can start investing with as little as Rs 500 per month.
Power of Compounding: How Rs 70 Daily Can Grow into Rs 3 Crore, Rs 4 Crore, Rs 6 Crore
In this article, we’ll explain how saving just Rs 70 daily and investing it (which totals around Rs 2,100 per month) through a monthly SIP can grow significantly over 10, 20, 30, and 40 years, assuming average annual returns of 13%, 14%, and 15%.
SIP Calculation: 10-year fund by saving Rs 70 daily (at 13% SIP return)
According to the SIP calculator, with an average annualised return of 13 per cent, the total investment will be Rs 2,52,000, and the estimated capital gain will be Rs 2,66,029 over 10 years. Adding both, the estimated corpus will be Rs 5,18,029.
SIP Calculation: 20-year fund by saving Rs 70 daily (at 13% SIP return)
According to the SIP calculator, with an average annualised return of 13 per cent, the total investment will be Rs 5,04,000, and the estimated capital gain will be Rs 19,01,590 over 20 years. Adding both, the estimated corpus will be Rs 24,05,590.
SIP Calculation: 30-year fund by saving Rs 70 daily (at 13% SIP return)
According to the SIP calculator, with an average annualised return of 13 per cent, the total investment will be Rs 7,56,000, and the estimated capital gain will be Rs 85,27,358 over 30 years. Adding both, the estimated corpus will be Rs 92,83,358.
SIP Calculation: 40-year fund by saving Rs 70 daily (at 13% SIP return)
According to the SIP calculator, with an average annualised return of 13 per cent, the total investment will be Rs 10,08,000, and the estimated capital gain will be Rs 3,33,36,111 over 40 years. Adding both, the estimated corpus will be Rs 3,43,44,111.
SIP Calculation: 10-year fund by saving Rs 70 daily (at 14% SIP return)
According to the SIP calculator, with an average annualised return of 14 per cent, the total investment will be Rs 2,52,000, and the estimated capital gain will be Rs 2,98,392 over 10 years. Adding both, the estimated corpus will be Rs 5,50,392.
SIP Calculation: 20-year fund by saving Rs 70 daily (at 14% SIP return)
According to the SIP calculator, with an average annualised return of 14 per cent, the total investment will be Rs 5,04,000, and the estimated capital gain will be Rs 22,60,327 over 20 years. Adding both, the estimated corpus will be Rs 27,64,327.
SIP Calculation: 30-year fund by saving Rs 70 daily (at 14% SIP return)
According to the SIP calculator, with an average annualised return of 14 per cent, the total investment will be Rs 7,56,000, and the estimated capital gain will be Rs 1,09,13,817 over 30 years. Adding both, the estimated corpus will be Rs 1,16,69,817.
SIP Calculation: 40-year fund by saving Rs 70 daily (at 14% SIP return)
According to the SIP calculator, with an average annualised return of 14 per cent, the total investment will be Rs 10,08,000, and the estimated capital gain will be Rs 4,64,83,887 over 40 years. Adding both, the estimated corpus will be Rs 4,74,91,887.
SIP Calculation: 10-year fund by saving Rs 70 daily (at 15% SIP return)
According to the SIP calculator, with an average annualised return of 15 per cent, the total investment will be Rs 2,52,000, and the estimated capital gain will be Rs 3,33,180 over 10 years. Adding both, the estimated corpus will be Rs 5,85,180.
SIP Calculation: 20-year fund by saving Rs 70 daily (at 15% SIP return)
According to the SIP calculator, with an average annualised return of 15 per cent, the total investment will be Rs 5,04,000, and the estimated capital gain will be Rs 26,79,505 over 20 years. Adding both, the estimated corpus will be Rs 31,83,505.
SIP Calculation: 30-year fund by saving Rs 70 daily (at 15% SIP return)
According to the SIP calculator, with an average annualised return of 15 per cent, the total investment will be Rs 7,56,000, and the estimated capital gain will be Rs 1,39,64,623 over 30 years. Adding both, the estimated corpus will be Rs 1,47,20,623.
SIP Calculation: 40-year fund by saving Rs 70 daily (at 15% SIP return)
According to the SIP calculator, with an average annualised return of 15 per cent, the total investment will be Rs 10,08,000, and the estimated capital gain will be Rs 6,49,39,886 over 40 years. Adding both, the estimated corpus will be Rs 6,59,47,886.