Power of SIP: Rs 15000 monthly investment for 20 years
Power of SIP: How much can Rs 15,000 monthly SIP build in 10 years?
In 10 years, the investment amount will be Rs 18,00,000, the estimated return in 10 years could be Rs 16,85,086, and the estimated corpus in 10 years could be Rs 34,85,086.
Power of SIP: How much can Rs 15,000 monthly SIP build in 20 years?
In 20 years, the investment amount will be Rs 36,00,000, the estimated return in 20 years could be Rs 1,13,87,219, and the estimated corpus in 20 years could be Rs 1,49,87,219.
Power of SIP: Rs 40000 monthly investment for 10 years
Power of SIP: How much can Rs 40,000 monthly SIP build in 5 years?
In 5 years, the investment amount will be Rs 24,00,000, the estimated return in 5 years could be Rs 8,99,455, and the estimated corpus in 5 years could be Rs 32,99,455.
Power of SIP: How much can Rs 40,000 monthly SIP build in 10 years?
In 10 years, the investment amount will be Rs 48,00,000, the estimated return in 10 years could be Rs 44,93,563, and the estimated corpus in 10 years could be Rs 92,93,563.
Rs 15k monthly investment for 20 years vs Rs 40k monthly investment for 10 years
Thus, it is quite clear from the above calculations that a Rs 15,000 monthly investment for 20 years was able to generate a higher corpus than Rs 40,000 monthly investment for 10 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.)
