SIP: Start with SIP of Rs 2024 in Year 2024 and you may get corpus Rs 1 cr in these many years
In the year 2024, you can take a resolution that you will invest Rs 2024 every month (Investment in 2024) in mutual funds through systematic investment plan (SIP). It means, on a daily basis, you will have to save around Rs 67. Know how big a corpus you can create in the long term if you invest Rs 2024 every month.
![SIP: Start with SIP of Rs 2024 in Year 2024 and you may get corpus Rs 1 cr in these many years](https://cdn.zeebiz.com/sites/default/files/2024/01/07/275365-retirement-fund-pixabay-take.jpg?im=FitAndFill=(1200,900))
If you do SIP of Rs 2024 every month, and get an annualised return of 12 per cent, then in 24 years, your corpus will be around Rs 33,85,519. Photo: Pixabay/Representational