Daily SIP vs Monthly SIP: When it comes to mutual fund investing, consistency is the key, and it matters the most, and so does the approach – how you invest. Rs 200 daily vs Rs 6,000 monthly SIP may look identical in total contribution, but their outcomes can differ due to market timing and compounding effects. If you have ever wondered whether investing small amounts every day in a systematic investment plan could outperform a monthly investment. Here’s your chance to find out which could generate a higher corpus and could work better for your financial goals.
A Systematic Investment Plan is a way to invest a fixed amount regularly in a mutual fund. Instead of investing a large sum at once, you contribute small amounts periodically, which helps you build wealth steadily over time.
Whereas a Daily SIP is where a fixed amount is invested in a mutual fund every day. Unlike a monthly SIP, which invests once a month. It allows you to invest small amounts consistently, making it easier to manage cash flow while gradually building wealth.
Rs 200 daily SIP: How much could you get in 20 years?
In 20 years, the investment amount will be Rs 14,60,000, the estimated return in 20 years could be Rs 46,36,000, and the estimated corpus in 20 years could be Rs 60,96,000.
Daily SIP vs Monthly SIP: Monthly SIP calculation condition
Rs 6000 monthly SIP: How much could you get in 20 years?
In 20 years, the investment amount will be Rs 14,40,000, the estimated return in 20 years could be Rs 45,54,888, and the estimated corpus in 20 years could be Rs 59,94,888.
Rs 200 daily SIP vs Rs 6000 monthly SIP: Which can generate a higher corpus?
Thus, it is quite clear from the above calculations that a Rs 200 daily SIP investment for 20 years could generate a higher corpus than a Rs 6000 monthly investment for 20 years.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
