By Admin 
How to Make 1 Crore With SIP: Almost every person in India wants to make his future secure and financially strong. Therefore, people choose different investment avenues according to their needs and thinking. Some people prefer safer options to avoid risk. Whereas many investors join mutual funds or stock market in the hope of better returns.
If you are also planning to create a fund of crores of rupees by investing small amounts in the long run, then mutual fund SIP can be an option. By investing regularly and staying for a long time, your dream of building a big corpus can come true. Let us know, how much investment will have to be made to create a fund of crores of rupees?
Preparation to create a fund of Rs 1 crore
If you want to create a corpus of Rs 1 crore through mutual fund SIP, you will have to invest Rs 4,000 every month. Also, this investment will have to continue for 30 years. In this period you will invest a total of Rs 14.40 lakh.
If market conditions remain good and this investment gives an average annual return of 12 percent, then after 30 years your fund can grow to around Rs 1.23 crore. That means during this period you can get a potential profit of around Rs 1.08 crore.
Patience is necessary in mutual fund SIP
In mutual fund SIP, investors invest small amounts for a long time and their investment keeps increasing with the power of compounding. However, returns depend on market movements, so investors are advised to be patient. It is often seen that investors benefit in the long run. Investing in SIP requires patience and discipline.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
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