Daily SIP vs Monthly SIP: Investing through systematic investment plans have become quite popular these days. One of the reasons SIPs are so popular is their simplicity to invest a fixed amount at regular intervals, helping investors stay disciplined and consistent without worrying much about market timing.
Apart from monthly and one-time investment via SIP, investors can also invest daily, weekly and quarterly. In this article, we bring to you a daily SIP factor in which we have compared Rs 500 daily SIP with Rs 15000 monthly SIP. Let’s find out which generated a higher corpus: a daily SIP or a monthly SIP.
A daily SIP involves investing a fixed amount every business day (excluding weekends and market holidays) into a mutual fund scheme. For instance, if you choose to invest Rs 500 daily, this will typically be auto-debited around 20–22 times a month, depending on the number of trading days.
A monthly SIP is the most common and traditional way of investing in mutual funds. In this format, a fixed amount is invested once a month on a date chosen by the investor (For example, the 5th or 15th of every month).
Rs 500 daily SIP: How much could you get in 20 years?
In 20 years, the investment amount will be Rs 36,50,000, the estimated return in 20 years could be Rs 1,15,91,979, and the estimated corpus in 20 years could be Rs 1,52,41,979.
Daily SIP vs Monthly SIP: Monthly SIP calculation condition
Rs 15000 monthly SIP: How much could you get 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.
Rs 500 daily SIP vs Rs 15000 monthly SIP: Which can generate a higher corpus?
(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.)
