Mutual fund calculator: ₹10,000 monthly SIP can make you a crorepati (2024)

FAQs

How much will I get if I invest $10,000 in SIP? ›

You can invest just Rs 500 per instalment in a mutual fund through the SIP. How much Return Rs.10000 would create in 30 Years? If you invest Rs.10000 per month through SIP for 30 years at an annual expected rate of return of 11%, then you will receive Rs.2,83,02,278 at maturity.

Thus, assuming an annualised returns of 7 per cent from debt funds, an investor would need to invest Rs 1.40 lakh per month through SIP to create a corpus of Rs 1 crore in 5 years.

Here are our recommendations. Here, we explore how you could potentially amass a corpus of Rs 5 crore by investing Rs 50,000 per month through SIPs. This is assuming an annualised return of 13% with annual step-up of 10%. Wealth creation through SIPs requires patience and discipline.

SIPs: This mutual fund equivalent of bank recurring deposits can make you a crorepati - here's how. SIP route to become a crorepati? An investor who invests Rs 10,000 per month in the BSE Sensex TRI (Total Returns Index) for 25 years would accumulate Rs 2.71 crore.

It's a milestone that represents financial stability and achievement. Let's say that you saved Rs 1 crore today; if you invest this at the rate of 15%, in just five years you will have another Rs 1 crore. This is where the magic of compounding begins.

How to accumulate a Rs 10 crore corpus in 10 years? Assuming an expected return rate of 12 per cent per year, an investor would need to invest Rs 4.34 lakh per month in equity funds through SIP to create a corpus of over Rs 10 crore in 10 years.

A monthly SIP of Rs 20,000 in Quant Small Cap Fund would have grown to Rs 1.04 crore in the last 10 years. The scheme gave an XIRR of 27.73% in the same period. Quant ELSS Tax Saver Fund would have turned a monthly SIP of Rs 20,000 into Rs 95.38 lakh with an XIRR of 26.04% in the last 10 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.

HDFC Top 100 Fund turned the monthly investment to Rs 1.09 crore in the said period. Kotak Bluechip Fund turned a monthly SIP of Rs 40,000 to Rs 1.07 crore with an XIRR of 15.49% in the last 10 years. SBI BlueChip Fund turned the monthly investment into Rs 1.03 crore with an XIRR of 14.88% in a 10 year period.

SIP Crorepati Route: Consider a scenario where you begin your SIP journey with a monthly investment of Rs 10,000. If you commit to increasing this amount by 5% annually, you can accumulate a substantial sum of Rs 1 crore in approximately 18.3 years, or 220 months.

Can I retire with 5 crore in India? ›

You are 38, and if you plan to retire at the age of 60 with a corpus of ₹5 crore, you should target a net savings rate of 35%. It means, of the ₹16.2 lakh you are earning every year, you should save at least ₹6 lakh.

The flexibility of choosing the investing frequency—be it weekly, monthly, quarterly, or annually—adds to its appeal. With just Rs. 10,000 a month, SIPs offer the potential to build a substantial financial reservoir over time.

The three toppers in the list were from one fund house - Quant Mutual Fund. Quant Small Cap Fund, Quant Mid Cap Fund, and Quant ELSS Tax Saver Fund gave 37.30%, 31.84%, and 30.37% returns, respectively on SIP investments in the last seven years.

How much is Rs. 5,000 for 5 years in SIP? If you invest Rs. 5,000 per month through SIP for 5 years, assuming 12% return. The estimate total returns will be Rs. 1,12,432 and the estimate future value of your investment will be Rs. 4,12,431.

How much is Rs. 5,000 for 5 years in SIP? If you invest Rs. 5,000 per month through SIP for 5 years, assuming 12% return. The estimate total returns will be Rs. 1,12,432 and the estimate future value of your investment will be Rs. 4,12,431.

Assuming the average annual dividend yield to be 7%*, you would need to invest INR 85,00,000 to get approximately INR 50,000 per month. *The average dividend rate is calculated from the top 15 dividend-yielding stocks.

However, just for better understanding, if you invest Rs 20,000 for 20 years, assuming a rate of return of 12%, you will roughly be able to generate an income of Rs 2 crores.