How Much Do I Have To Invest Monthly in SIP To Get 5 Crores in 25 Years?
SIP: Do You Want To Become A Millionaire? Are You Investing For That? Mutual Funds Become Crucial. You Can Opt For Systematic Investment (SIP) to Make Your Dream Come True. However, What Should Be Done To Get Rs. 5 crore in hand in 25 years? Now Let Us Know The Complete Details of How Much Sip Should Be Invested.
SIP:
Not Everyone Has The Skill To Invest in The Stock Market And Get Good Returns. Mutual Funds Are A Good Option For Such People . It also has two types. The first is Systematic Investment Plan, the second is Lumpsum Investment. It Should Be Said That These Two Options Are Useful In Different Situations. Let’s Say You Want To Become A Millionaire. For That You Can Reach Your Goal By Investing Gradually By Choosing A Systematic Investment Plan. In This Context, How Much SIP Should You Invest To Reach Rs.5 Crore in 25 Years? Let’s Know The Complete Details Of How To Plan.
In The Month Of March This Year, The SIP Investment Fund Reached An All-time High And currently stands at rs 14,276 crore. Net Inflow Reached Rs 20,534 Crore in March. This is 30 Percent Higher Than February 2023. Mutual Funds Not Only Reduce Your Market Risk For The Long Term But Also Help You Increase Your Returns Through Compounding. Now Let’s See How Much SIP Will Be Required To Reach Rs.5 Crore in 25 Years In The Long Term.
A Simple Formula You Need To Remember is 25-12-25 if You Want Your Corpus To Reach Rs.5 Crores In 25 Years. According To This You Have To SIP Rs.25 Net For 25 Years. Assuming Your Returns Are 12 Percent, Your Corpus Will Reach Around Rs.5 Crores. That Means Rs.4.74 Crores Will Be Received With 12 Percent Returns. However, Even After Paying All The Taxes, You Have To SIP Rs.29,200 Every Month To Get Rs.5 Crore In Your Hand. Investors Should Adopt Portfolio Approach In This Long Term Investment. Investment Should Be in Equity, Debt, Gold. Checking Them Once A Year Can Avoid The Fear of Loss. Most People Look At Numbers. But, Minimizing Risk Is Important.
Let’s See Another Example. If You Want Your Corpus To Reach Rs.5 Crore in 25 Years, You Need To SIP Rs.26,600 Per Month. However, If You Have The Opportunity To Increase Your SIP Amount By 10 Percent Every Year, You Will Need To Invest Rs.12,500 Per Month in The First Year To Reach Rs.5 Crore. If You Follow This Method You Can Reach Your Goal With Less Investment. Rs.12,500 in The First Year And Then Increasing it by 10% Every Year So You Don’t Feel Too Burdened.
