SIP (Systematic Investment Plan)
· Suppose you are investing in one Mutual Fund Scheme in SIP form as per following detail....
Monthly Investment Amount = Rs.2000/-
Investment Period = 30 Years
Let, expected Amount of annual Return = 14 %
Monthly Investment Amount = Rs.2000/-
Investment Period = 30 Years
Let, expected Amount of annual Return = 14 %
· Now, if we calculate return on investment after 30 years, we will get following results....
Total investment Amount = Rs.720000/- (7.2 Lakh only)
Expected Maturity Amount = Rs.11114111/- ( 1.1 Crore)
Hence, Total Wealth Gain = Rs.10394111/- (1 Crore)
Total investment Amount = Rs.720000/- (7.2 Lakh only)
Expected Maturity Amount = Rs.11114111/- ( 1.1 Crore)
Hence, Total Wealth Gain = Rs.10394111/- (1 Crore)
We can conclude from this example that SIP is an amazing journey with
unbelievable wealth gain.
Happy Investing !!!
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