You can also create a fund of more than 1 crore rupees, this is how to invest in SIP

how to invest in SIP?

Actually, investing in mutual funds through SIP is very easy. It is like monthly savings, which you do every month. To become a millionaire, you have to invest in the right way and at the right time. Whereas SIP is such a method that can fulfill your dream of becoming a millionaire.
If you want to become a millionaire, then we are telling you how to make a fund of more than Rs 1 crore by investing in mutual funds through Systematic Investment Plan (SIP). For this you have to invest some money every month.
Through SIP, a huge fund can be accumulated by investing in mutual funds in the long term. The advantage of long-term investment is that it can generate huge returns through compounding. If you also want to make a safe investment for the future, then you can start your investment from a young age.

Invest Rs 1,000 every month

You can build a huge fund in the long-term by making small investments every month. Here we are telling you how a fund of more than Rs 1 crore can be made by investing in mutual funds through SIP of Rs 1000.
Actually, for this you have to invest 1000 rupees every month in mutual funds. If you deposit this amount for 20 years, then a total fund of Rs 2.4 lakh is deposited with you. Your fund will grow to Rs 15.16 lakh in 20 years at 15% annual return. On the other hand, if you get an annual return of 20%, then in 20 years this fund will grow to Rs 31.61 lakh.

2 crore 33 lakh rupees fund will be made in 30 years

On the other hand, calculate with the SIP calculator, if you invest Rs 1000 every month, then you will get a fund of Rs 86.27 lakh on maturity with an annual return of 20%. On the other hand, if this period is 30 years, then with 20% return, your fund will become Rs 2 crore 33 lakh.
In the last few years, many mutual funds have given returns of 20% or more. Investors also get the benefit of compounding on mutual funds. The facility of investing in mutual funds is given every month. This is the reason why you can make a huge fund in the long run by investing small amounts every month.

how to invest in SIP?

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