Know monthly SIP amount to accumulate Rs 15 crore retirement corpus

ZeeBiz Desk

Sep 25,2024

SIP (Systematic investment plan) is a disciplined way of investment in which you invest a fixed amount regularly in mutual funds. The payment can be made monthly or quarterly.

SIP compounding interest

This means you get the interest on both the principal amount and the interest that has accumulated from previous periods.

Short-term withdrawal in SIP

If you want to take the full benefit of compounding, you should avoid withdrawing the amount before maturity.

SIP: Flexibility

If you are going through some financial issues, you can adjust the amount too as per your budget.

SIP: What are the types of SIP?

Top-up SIP Flexible SIP Perpetual SIP 

What is NAV in SIP?

NAV (net asset value) is the price at which the investors buy or sell mutual fund units

Invest this much in SIP to accumulate Rs 15 crore retirement corpus

Monthly SIP: Rs 42,500 Annual return: 12% Duration: 30 years Total investment in 30 years: Rs 1.53 crore Estimated returns in 30 years: 13.47 crore Maturity amount: 15 crore

Disclaimer: Investing in mutual funds is subject to market risks. Consult your advisor before making any investment.