How much mutual fund SIP is required to make ₹50 Lakhs in 3 to 5 years? (2024)

FAQs

How much mutual fund SIP is required to make ₹50 Lakhs in 3 to 5 years? ›

For example, if an individual plan to accumulate ₹50 lakhs over the tenure of 5 years, assuming the individual invests in a Flexicap fund or a Multicap fund which is giving an annualized return of 15%, then the individual needs to invest ₹55,750 per month for 5 years in order to generate the required corpus.

50,000 per month in a SIP for 5 years, the total investment would amount to Rs. 30 lakhs. Assuming an average annual return of 12%, the estimated corpus at the end of 5 years would be approximately Rs. 40.6 lakhs.

An investment of Rs 10,000 per month via systematic investment plan (SIP) route over a period of five years in Quant Small Cap Fund's growth is worth nearly Rs 19 lakh today.

Say you invest Rs 2,000 every month through SIP in an ICICI Bank mutual fund for five years, and let's assume an average annual return of 12 per cent. By the end of five years, your total investment of Rs 1,20,000 could grow into around Rs 1,62,000.

The key to achieving this goal is to have a solid investment strategy that considers your risk tolerance, investment goals, and current market conditions. One strategy that can help you reach this goal is to invest in a mix of different assets, such as stocks, bonds, mutual funds, and real estate.

As a rate of return, long-term mutual funds can offer rates between 12% and 15% per year. With these mutual funds, it may take between 5 and 6 years to double your money. Kisan Vikas Patra (KVP): It comes under the Post Office Small Saving Scheme.

The mutual fund SIP calculator shows that a monthly investment of Rs 10,000 in this fund would have grown to approx. Rs 10.9 lakh in three years.

For example, if an individual plan to accumulate ₹50 lakhs over the tenure of 5 years, assuming the individual invests in a Flexicap fund or a Multicap fund which is giving an annualized return of 15%, then the individual needs to invest ₹55,750 per month for 5 years in order to generate the required corpus.

- You can follow this rule to systematically grow your money: - 8% of Your Income: Allocate 8% of your income towards investments. - 4% Return: Aim for an annual return of 4% on your investments. - Reinvest for 3 Decades: Continue reinvesting your returns for a period of 30 years.

Which SIP has highest return? ›

Consider investing Rs 15,000 per month for 15 years and earning 15% returns. After 15 years, the total wealth will be Rs 1,00,27,601 (Rs. 1 crore). According to the compounding principle, if we implement these very same returns and contributions for another 15 years, the amount we accumulate grows enormously.

If you invest ₹30,000 per month in a Systematic Investment Plan (SIP) for a period of 5 years, assuming an average annual return of 12% on your SIP investment, using the SIP calculator, your returns will be: Your invested amount will be: ₹18,00,000. Estimated Returns will be will be: ₹6,74,591.

Assuming an annual rate of return of 10%, the total investment made over the 15-year period would be 9 lakhs (5,000 x 12 x 15). With the power of compounding, the investment can potentially grow to 21.8 lakhs, with a total gain of 12.8 lakhs. This means that the investment has more than doubled over the 15-year period.

So, assuming an investor invests ₹10,000 per month for 15 years, maintaining 10 per cent annual step up, mutual funds SIP calculator suggests that one's SIP of ₹10,000 would yield ₹1,03,11,841 or ₹1.03 crore.

Saving 50 lakhs in 5 years may seem like a daunting task, but it is not impossible. With proper planning and discipline, Saving a substantial amount of money requires a strategic approach involving smart financial decisions, cutting down luxury expenses, and investing in the right avenues.

Key Takeaways. The essential steps to make ₹1 crore in 5 years include setting your financial goals early on, planning your path, investing in Equity Mutual Funds, and doing consistent tax planning. The popular investment options in India include stocks, bonds, ETFs, mutual funds, and ULIPs.

Expenses = Income – Savings. Understanding your financial gaps is vital. Start with goal planning and then you will get a clear picture regarding how much you need to invest every month. Also, create a budgeted expense pattern, this will allow you to set realistic goals and create a roadmap to reach the one crore mark.