Mutual Fund sip: The stock market is a risky investment option. Therefore, a large number of people are afraid to invest in it. But you can invest indirectly in it through mutual funds. Here the risk is lower than the stock market. It is not necessary that you invest out lump sum in mutual funds. You can also invest in mutual funds every month through SIP. Today we will tell you through SIP calculator how you can deposit a fund of Rs 1 crore from SIP of just Rs 6000.
1 crore fund will be ready like this
If your luck is good, then you can also get 50% annual return from mutual fund SIP. But it depends on the status of the stock market and the performance of the fund. However, an average of 12 per cent annual returns in the long term in SIP are easily available. Here we are considering the annual average return of 12 per cent. Now if you put 6000 rupees in SIP every month, then in 24 years you will have a fund of ₹ 1,00,36,123. It has Rs 17,28,000 your investment amount and Rs 83,08,123 interest income.
Investors keep these things in mind
While investing in mutual fund SIP, you should take special care of some important things. First of all, you should know that there is never a fixed return in SIP. You can also get 20 percent return in SIP and can also get a negative return of -10 percent. You also have to pay long term capital gains tax on the total returns received through SIP. In such a situation, your total corpus may be reduced. The central government has increased the long term capital gains tax from 10 percent to 12.5 percent this year.
Latest business news