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SIP Bumper Return: In recent times, the trend of common people has increased towards SIP. People are investing a part of their income in SIP for good returns. Let us tell you, under SIP i.e. Systematic Investment Plan, investors get good returns. By investing a certain amount in SIP, crores of rupees can also be earned very easily. In such a situation, if you also want to earn crores of rupees from your income, then we are going to explain to you a very special calculation of SIP. This calculation of SIP can change the direction of your savings. And after knowing its benefits, you will also start thinking about doing SIP. Come, let's know about the calculation of SIP.

How does the SIP calculator work?
Investors can calculate their investments easily through the SIP calculator. It explains to investors the math of returns on mutual fund investments under SIP. However, like investing in shares, investing in mutual funds is also subject to risk. The actual return may be higher or lower than the calculator return. Because the return from mutual funds is also subject to the market. However, generally its calculation is correct to a great extent.

How will 5500 rupees become 1 crore?
If you invest in a mutual fund through SIP, you deposit 5500 rupees every month and invest continuously for 22 years. In this period, you can get an annual return of 15% to 20%. This can be more than four times the interest received on the amount deposited in the savings account of banks. In such a situation, if you deposit 5500 rupees continuously for 22 years, then about 14.5 lakh rupees will be deposited in your fund. On this, you will get a return of more than 99.36 lakhs. Now, if you add these two, then in a period of 22 years, it will be around 1 crore 14 lakh rupees.

 

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