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Calculate Years to Build ₹1 Crore Fund with ₹6,000 & ₹14,000 Monthly SIPs
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₹1 Crore Dream: Monthly SIPs of ₹6K, ₹10K, ₹14K Can Make It Reality Sooner
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News18
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07-03-2026, 11:02
₹1 Crore Dream: Monthly SIPs of ₹6K, ₹10K, ₹14K Can Make It Reality Sooner
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The 'power of compounding' allows returns on investments to generate further earnings, leading to significant growth over the long term.
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A monthly SIP of ₹6,000 can build a ₹1 crore fund in approximately 20 years with an average annual return of 15%.
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A ₹10,000 monthly SIP can achieve a ₹1 crore fund in about 20 years with a 12% annual return, with total investment being ₹26.4 lakh.
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Increasing the monthly SIP to ₹14,000 can help achieve the ₹1 crore goal even faster due to more capital for compounding.
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Starting investments early maximizes compounding benefits; regular investment and patience are crucial for building a large fund.
Read Full Article on News18 in Hindi
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