SIP: Invest ₹11,000 Monthly to Hit ₹1 Crore in 20 Years

• To accumulate 1 crore rupees in 20 years through SIP, a monthly investment of approximately 11,000 rupees is needed, assuming a 12% return.
• This investment would result in a total capital of 26.40 lakh rupees and a return of about 73.70 lakh rupees.
• Returns are dependent on stock market fluctuations; long-term investment is crucial for good profits.
• It is advisable to continue or increase SIP investments during market downturns, as shares are available at lower prices.
• Investors should choose funds (equity, debt, hybrid) based on their risk tolerance and financial goals.

Why It Matters: It details how to achieve ₹1 crore in 20 years via SIP, emphasizing long-term investment.