SIP Investment: Rs 20/savings can help you achieve Rs 2.10 crore corpus | Know how

Priya Vishwakarma Sep 02,2024

Students can also create a corpus of more than Rs 1 crore and become rich by investing in SIP.

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SIP has the benefit of compounding with market returns.

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Along with good returns, SIP will also help students to earn money.

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By saving Rs 20 every day, you will save Rs 600 in a month.

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If you are a student then start investing this Rs 600 in SIP.

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According to calculation, with 15% return, you will become a millionaire in 36 years.

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Yes, you can deposit around Rs 1.03 crore in 36 years.

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If you get 12% return, a fund of Rs 71.29 lakh will be created in 40 years.

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At the same time, at 11% return, you will deposit a fund of around Rs 52.07 lakh in 40 years.

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