Power of Compounding: How quickly you can generate Rs 8 crore corpus with just Rs 9,000, Rs 12,000 and Rs 15,000 monthly investments
Every small investment counts. Saving a little each month can add up to a lot in the long run. For example, investing just Rs 8,000 every month can grow into a massive corpus of Rs 8 crore. Let's do the math to see how.
Saving money is a great habit. Once you develop a habit of saving even if your earnings are not much, you will understand the power of small savings and later invest it to generate a sizeable corpus. Even a small amount can do wonders, for example investing Rs 8,000 to Rs 15,000 a month can add up to a huge amount over time. With a Systematic Investment Plan (SIP), you can turn your small investments into a massive Rs 8 crore corpus. Let's see how.
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(Disclaimer: Our calculations are projections and not investment advice. Do you own due diligence or consult an expert for financial planning)
Introduction to Systematic Investment Plan
A systematic investment plan is a disciplined investment approach where you invest a fixed amount of money in mutual fund(s) at regular intervals.
Why Choose SIP?
Easy to start, perfect for beginners
Helps you invest regularly and consistently
Supports long-term financial planning and goal achievement
Start your SIP journey with just Rs 100
Investing in a Systematic Investment Plan (SIP) is easier than you think. With a minimum investment of just Rs 100, you can begin building your wealth today.
SIP calculation conditions
Target corpus: Rs 8 crore
Monthly investments: Rs 9,000, Rs 12,000, Rs 15,000
Annualised return: 12 per cent
How long it will take to build Rs 8 crore corpus with Rs 9,000 monthly SIP
It will approximately take 40 years to build Rs 8 crore corpus.
How long it will take to build Rs 8 crore corpus with Rs 12,000 monthly SIP
It will approximately take 37 years to build Rs 8 crore corpus.
How long it will take to build Rs 8 crore corpus with Rs 15,000 monthly SIP
It will approximately take 35 years to build Rs 8 crore corpus.
From Rs 9,000 monthly SIP to Rs 8 crore corpus
The investment amount will be Rs 43,20,000, the estimated capital gains will be Rs 8,38,17,639, and the estimated retirement corpus will be Rs 8,81,37,639.
From Rs 12,000 monthly SIP to Rs 8 crore corpus
The investment amount will be Rs 53,28,000, the estimated capital gains will be Rs 7,79,50,218, and the estimated retirement corpus will be Rs 8,32,78,218.
From Rs 15,000 monthly SIP to Rs 8 crore corpus
The investment amount will be Rs 63,00,000, the estimated capital gains will be Rs 7,63,62,467, and the estimated retirement corpus will be Rs 8,26,62,467.