Retirement Planning: See how much your Rs 12,222 monthly SIP investment will grow in 22 years at 12%, 13%, 14% and 15% return
Retirement Planning: Are you planning to build a substantial corpus for your post-retirement life but unsure where to invest? If so then you may consider investing in an SIP mutual fund. It is a market-linked investment option that allows investors to invest a fixed amount regularly, rather than a lump sum. The amount accumulate depends on the annualised return rate. A 12 per cent annualised return is an average return for equity funds, but actual returns can vary based on market conditions. In this article, we’ll show you, through calculations, how a monthly SIP investment of Rs 12,222 will grow over 22 years at annualised returns of 12 per cent, 13 per cent, 14 per cent and 15 per cent.
Total investment in 22 years
Let’s assume you’re investing Rs 12,222 every month in an SIP for 22 years. Then, your total investment over 22 years would be Rs 32,26,608.
Total amount received at 12%, 13%, 14%, and 15%
Now, let’s calculate the capital gain and total amount received at 12 per cent, 13 per cent, 14 per cent, and 15 per cent annualised returns:
How much corpus you can build with Rs 12,222 monthly SIP investment: If annualised return is 12%
With an annualised return of 12 per cent, a total corpus of Rs 1.5 crore can be created in 22 years.
Full Calculations: If annualised return is 12%
According to the calculator, the estimated capital gain could be around Rs 1,26,11,832. Adding the initial investment to this capital gain, the total investment could grow to approximately Rs 1,58,38,440 over 22 years.
How much corpus you can build with Rs 12,222 monthly SIP investment: If annualised return is 13%
With an annualised return of 13 per cent, a total corpus of Rs 1.8 crore can be created in 22 years.
Full Calculations: If annualised return is 13%
According to the calculator, the estimated capital gain could be around Rs 1,52,42,290. Adding the initial investment to this capital gain, the total investment could grow to approximately Rs 1,84,68,898 over 22 years.
How much corpus you can build with Rs 12,222 monthly SIP investment: If annualised return is 14%
With an annualised return of 14 per cent, a total corpus of Rs 2.1 crore can be created in 22 years.
Full Calculations: If annualised return is 14%
According to the calculator, the estimated capital gain could be around Rs 1,83,66,129. Adding the initial investment to this capital gain, the total investment could grow to approximately Rs 2,15,92,737 over 22 years.
How much corpus you can build with Rs 12,222 monthly SIP investment: If annualised return is 15%
With an annualised return of 15 per cent, a total corpus of Rs 2.5 crore can be created in 22 years.
Full Calculations: If annualised return is 15%
According to the calculator, the estimated capital gain could be around Rs 2,20,80,986. Adding the initial investment to this capital gain, the total investment could grow to approximately Rs 2,53,07,594 over 22 years.