How much time will it take to deposit Rs 50 lakh through SIP of Rs 10000 per month?

4 Feb 2024, 10:30 PM By MFJ Team

You can create a good fund for long term investment in mutual fund sip.

There have been many mutual funds which have given 30 to 40 percent returns in the year 2023.

If there is more investment in equity then you get good returns in the long term.

You can also create a good fund by depositing a SIP of Rs 10,000 per month.

If you do a SIP of Rs 10000 in equity for 14 years, you will get a corpus of Rs 57 lakh at the rate of 15%.

If you give time of 15 years then you will get Rs 67.8 lakh at the rate of 15% in which your invested money will be Rs 18 lakh.

How much will I get if I invest 1000 in SIP?