if i invest 15000 a month in sip for 10 years

3 Feb 2024, By MFJ Team

SIP 

SIP stands for Systematic investment plan

How much i will get after 10 years

After 10 years you will get Rs 34.8 lakh.

Where you would have invested your Rs 18 lakh.

This return has been calculated at the rate of 12% per annum.

if i invest 15,000 a month in sip for 15 years?

After 15 years you will get 75.6 lakhs.

if i invest 15,000 a month in sip for 20 years?

After 20 years you will get 1.5 crores.

Where you would have invested Rs 36 lakh in 20 years.

The interest rate has been calculated at 12% per annum.

This is the normal interest rate will you get in any equity mutual fund for the long term.