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 700 daily vs Rs 21,000 monthly SIP may look identical in total contribution, but their outcomes can differ due to market timing and compounding effects.
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 700 daily SIP: How much could you get in 20 years?
In 20 years, the investment amount will be Rs 51,10,000, the estimated return in 20 years could be Rs 1,62,28,771, and the estimated total corpus in 20 years could be Rs 2,13,38,771.
Daily SIP vs Monthly SIP: Monthly SIP calculation condition
Rs 21,000 monthly SIP: How much could you get in 20 years?
In 20 years, the investment amount will be Rs 50,40,000, the estimated return in 20 years could be Rs 1,59,42,106, and the estimated total corpus in 20 years could be Rs 2,09,82,106.
Rs 700 daily SIP vs Rs 21,000 monthly SIP: Which can generate a higher corpus?
Thus, it is quite clear from the above calculations that a Rs 700 daily SIP invested for 20 years could generate a higher total corpus than a Rs 21,000 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.)
