Can I do SIP for 20 years?

Asked by: Dr. Ted Turcotte  |  Last update: April 22, 2023
Score: 4.2/5 (37 votes)

Yes! If you're consistent with your ₹1000 SIP every month for 20 years then it has the power to compound and accumulate into a large corpus. This consistency can transform your future financial health. We used the smooth Cube SIP calculator to calculate the SIP returns.

Can I have SIP for 20 years?

The investor should use 15 per cent annual step up. If he does that for next 20 years, then in that case, if the investor starts a mutual fund SIP investing ₹15,000 per month today, he will be able to accumulate around ₹5.55 crore after 20 years."

Can I invest in mutual fund for 20 years?

The corpus you would generate after investing regularly and systematically after 20-25 years will be worth the patience. The returns compounded year over year will start providing more and more returns each passing year.

Is SIP good for long term?

The concept of Systematic Investment plan (SIP) has been gaining a lot of popularity amongst Indian investors since last few years. It is an excellent way to create a long-term savings habit. It helps in creating a large corpus for the future Financial goals.

Can I do SIP for 30 years?

Govt may empower CCI for negotiated case settlements

He said that investors, who are in the nascent phase of their career or say around 30 years of age, can opt for Systematic Investment Plan (SIP). He said that one can start mutual fund SIP at any time as the investor would get average return on one's investment.

20 Years SIP Returns Excel Calculator | Systematic Investment Plan Returns Calculation

42 related questions found

Can I do SIP for 40 years?

You can start a SIP in the best mutual funds for 40 years using investment apps or by visiting the website of mutual fund houses. Broadly speaking, the process is more or less similar and requires you to follow these steps: Download investment app/visit fund house website.

How can I make 50 lakhs in 5 years?

50 lakhs in five years.
...
  1. Parag Parikh Long Term Equity Fund. ...
  2. Mirae Asset India Equity Fund. ...
  3. Axis Focused 25 Fund. ...
  4. Axis Bluechip Fund. ...
  5. ICICI Prudential Bluechip Fund. ...
  6. ICICI Prudential Nifty Next 50 Index Fund. ...
  7. Franklin India Low Duration Fund. ...
  8. Franklin India Ultra-Short Bond Fund.

How can I save 25 lakhs in 5 years?

For the time horizon of 5 years, you can look at investing in large, large & mid cap and flexi cap funds.
...
You may consider the following funds:
  1. HDFC / UTI Nifty Index Fund.
  2. Mirae Asset Large Cap Fund.
  3. Parag Parikh Flexicap Fund.
  4. UTI Flexi cap Fund.
  5. Canara Robeco Emerging Equities Fund.
  6. Kotak Equity Opportunities Fund.

Can SIP make you rich?

If you invest just Rs 10,000 per month in an equity fund through SIP for 30 years, you can accumulate a corpus of Rs 3.53 crore. The power of compounding grows wealth and makes you rich.

Is SIP better than PPF?

PPF is less liquid. You can only withdraw the investment amount after the 7th year from the date of opening your PPF account. SIPs are prone to a higher level of risk as they are influenced by equity market performance. PPF offers guaranteed returns and is, therefore, a safer investment option.

Is SIP better than FD?

Systematic Investment Plan is a better investment option in comparison to Fixed Deposit especially if you consider the flexibility of investment, advantage of diversification, tax benefits, and higher returns. That is why it is better to invest in a systematic investment plan than in fixed deposit.

What happens if I invest 1000 in SIP for 20 years?

Can A Small SIP Of ₹1000 Make A Big Difference? Yes! If you're consistent with your ₹1000 SIP every month for 20 years then it has the power to compound and accumulate into a large corpus. This consistency can transform your future financial health.

What will be the value of 1 crore after 15 years?

1 crore in 15 years use the division factor of 2.8. That means, Rs 1 crore today will be worth (1 crore/2.8) approximately Rs. 36 lakhs after 15 years.

Which SIP is best for 20 years Quora?

Some top performing schemes are:
  • Reliance Small Cap Fund.
  • HDFC Small Cap Fund.
  • Canara Rob Emerging Equities Fund.
  • HDFC MidCap Opportunities Fun.
  • Aditya Birla Sun Life Pure Value Fund.

What if I invest 10000 per month in mutual funds?

Mutual funds calculator: ₹10,000 monthly SIP turns to ₹17.58 lakh in 7 years. Mutual fund calculator: Investing in small-cap mutual funds is advisable if an investor has long-time time horizon.

What will 10000 be worth in 20 years?

With that, you could expect your $10,000 investment to grow to $34,000 in 20 years.

What is average return in SIP for 15 years in India?

Over the 15 year period the compounded annual returns on your SIP investment in this fund would be 18.1%.

Can I lose money in SIP?

Yes, there is a possibility of losing money in a mutual fund. The basics of a mutual fund is that you have a mutual fund manager: he or she is in charge of the fund; he selects the stocks, he may trade the fund; he may select groups of stocks to invest in, and that makes up the mutual fund.

Is 70 lakhs a good salary in India?

True. But 70 lakh per annum is huge income. Very few radiologists will earn that. My guesstimate is that the average income in India would be about a third of this.