Rs 2 crore via SIP: It is not an easy job to accumulate a Rs 2 crore corpus, and it cannot be accumulated overnight, as many of us might think while investing in stock markets or mutual funds. One should understand that a Systematic Investment Plan (SIP) is a tool through which one can invest in mutual funds. This investment process demands consistency, discipline, and the ability to remain invested on a regular basis. Over a period of time, the power of compounding takes place, and although it may not take place overnight, an investor can accumulate the required corpus.
Please note that in this article, we are not focusing on any particular mutual fund. For that, you can refer to the ET Now Digital website, where you can read many articles and expert opinions on mutual funds. In this article, we will talk about general information regarding the amount of investment that may be required to reach a target of Rs 2 crore. You can also refer to the calculations given below.
Considering the investment cycle till retirement, that is, till the age of 60.
Rs 2 crore via SIP: How much you need to invest starting at 25
To reach the target corpus till retirement or before that, here is how much one needs to invest if starting at 25.
If an investor invests Rs 4000 monthly, in 35 years, they may achieve a Rs 2,20,43,325 retirement corpus by the age of 60, and the estimated return would be Rs 2,03,63,325.
Rs 2 crore via SIP: How much you need to invest starting at 30
The monthly investment would be Rs 6000, if you start investing at the age of 30 and invest till the age of 60, that is for 30 years. You may be able to accumulate an estimated Rs 2,11,79,483, and the estimated return would be Rs 1,90,19,483.
Rs 2 crore via SIP: How much you need to invest starting at 35
If you start investing at the age of 35 and invest till the age of 60, that is for 25 years, you may have to invest Rs 11,000 monthly. You may be able to accumulate an estimated Rs 2,08,73,986, and the estimated return would be Rs 1,75,73,986.
(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.)
