Don't you think saving and investing can go hand-in-hand? If you save a certain amount monthly and invest it in mutual funds or elsewhere, there's a good chance you will generate a sizable corpus during your golden years. Often, we think of saving monthly and investing only when we accumulate a substantial amount, believing that a large investment will get better returns. However, even small amounts can make a remarkable difference. Developing savings habits from an early age is an excellent practice. In this gallery, we will calculate how much you can generate in 25 years by investing Rs 15,000, Rs 20,000, and Rs 25,000 monthly through a systematic investment plan. Take a look.
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DISCLAIMER: Not financial advice; invest at your own risk
1/10SIP is an investment option where you can invest a fixed amount of money in mutual fund(s) at regular intervals.
2/10Systematic Investment Plan is easy to start, & perfect for beginners It helps you invest regularly and consistently SIP supports long-term financial planning and goal achievement
3/10There is no specific limit to the amount you can invest in a SIP. The minimum amount you can invest in an SIP is Rs 100.
4/10There is no maximum tenure in a systematic investment plan. You can invest as long as you can. The minimum tenure you can go for is 3 years.
5/10SIP is just a way of investment and not a fund, stock, or investment avenue.
6/10Yes, mutual fund companies also provide the option of pausing your SIP investments for a specified period.
7/10Target corpus: ? Monthly investments: Rs 15,000, Rs 20,000, Rs 25,000 Annualised return: 12 per cent
8/10The investment amount will be Rs 45,00,000, the estimated capital gains will be Rs 2,10,33,099, and the estimated retirement corpus will be Rs 2,55,33,099.
9/10The investment amount will be Rs 60,00,000, the estimated capital gains will be Rs 2,80,44,131, and the estimated retirement corpus will be Rs 3,40,44,131.
10/10The investment amount will be Rs 75,00,000, the estimated capital gains will be Rs 3,50,55,164, and the estimated retirement corpus will be Rs 4,25,55,164.