Invest ₹10,000 Monthly in SIP? See How You Could Earn ₹1.32 Crore in 20 Years!

• SIPs are a popular investment method, growing despite domestic stock market volatility and moderate returns in 2023.
• Historically, SIPs have yielded an average return of 12%, with some equity funds exceeding 50% returns in 2023.
• A monthly SIP of ₹10,000 could accumulate ₹92 lakh (at 12% annual return) or ₹1.32 crore (at 15% annual return) in 20 years.
• Mutual fund SIP returns are entirely dependent on stock market movements; however, long-term investment significantly reduces risk.
• Capital gains tax is applicable on returns generated from mutual fund SIPs.

Why It Matters: Long-term SIP investments, even with ₹10,000 monthly, can build substantial wealth despite market risks.