SIP Calculator: The ups and downs continue in the domestic stock market. However, the markets are trading near their high levels. The Indian stock market witnessed a decline for the second consecutive day today. The fluctuations in the stock market also have a direct impact on the performance of mutual funds. But, despite these ups and downs, Indian investors are investing heavily in the domestic market. Domestic investors are also investing a lot of money in mutual funds SIP. Today we will know here that if Rs 5000 is invested every month in SIP, then how much fund can be generated in 20 years?
How much fund will be generated from SIP of Rs 5000 in 20 years?
If you get an estimated return of 12 percent every year, then a SIP of Rs 5000 can create a corpus of around Rs 46 lakh in 20 years, which includes Rs 12 lakh of your investment and around Rs 34 lakh of returns. Similarly, if you get an estimated return of 15 percent every year, then a SIP of Rs 5000 can create a fund of approximately Rs 66.35 lakh in 20 years, which includes Rs 12 lakh of your investment and an estimated return of approximately Rs 54.35 lakh.
Before investing in SIP, some important things have to be kept in mind
Before investing in mutual fund SIP, you should always keep some very important things in mind. There is never a uniform return in SIP. But, the risk of harm in the long term is greatly reduced. You also have to pay capital gains tax on the returns you get from SIP. How much return you will get from SIP completely depends on the performance of the stock market. If the market remains bullish then you will get better returns. Similarly, if the market continues to decline, you may also have to suffer losses.
Disclaimer: This article has been written for information purposes only. Always consult your financial advisor before making any kind of investment or taking any financial risk. India TV will not be liable for any kind of risk.
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