Power of Compounding: How much do you need to invest in monthly SIP to accumulate Rs 8 crore retirement corpus

ZeeBiz Desk Sep 03,2024

[{"selector":"#anim-810e16bc-b0ea-47d3-8883-79d482610d21 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-2.1157401834010936%, 23.584905660377366%) scale(1.4716981132075473)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-44425a27-a79c-49f8-89bb-de9eeabe205a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Systematic Investment Plans (SIPs) in mutual funds have gained significant popularity in India in recent years. ting.

[{"selector":"#anim-14f72e1c-cb29-4048-901e-ffe730514d70 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-2.1157401834010936%, 23.584905660377366%) scale(1.4716981132075473)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-e9673a94-dedd-4271-b02a-a0ea90cdba2a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Capital markets regulator Sebi Chief Madhabi Puri Buch on Monday (September 2) said soon investors will be able to start SIP with as low as Rs 250 per month.

SIP: Minimum investment amount

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SIP: Maximum investment amount

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Compounding interest

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SIP intervals

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SIP calculator

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SIP investment: Factors to consider before starting SIP investment

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Have you started SIP investment already?

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Invest this much in SIP to accumulate Rs 8 crore retirement corpus

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

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