How can 5000 SIP can make you a Crorepati

Dear Readers,

If I take a survey of 100 people today. 100 out of 100 would have a dream of  becoming a Crorepati.

Yes, you can become a Crorepati or I would name it “SIP Crorepati”

See How!!!

Mutual funds in India is the easiest & most reliable mode of investments for retail investors.

Before I go ahead, lets have a look at the Sensex returns in the past

  • 18% in the last 5 years
  • 19% in the last 10 years
  • 18% in the last 31 years since inception

If you are not believing in the stats given, Sensex was at 3937 on 1 jan 2001 & 1024 on 1 Jan, 1991 & 100 in 1979 that is inception.

Now we can take a conclusion out of the past data that, Sensex has delivered 18-19% returns in the past.

Now if you plan your investmensts systematically & go for a

  • SIP for Rs 5000 monthly
  • For 10 years
  • Stop your Investments in SIP after 10 years
  • Let it grow for 25 years till retirement

These can the results after

12 years- 25 Lakhs

20 Years- 1.05 Crores

25 Years- 2.8 Crores

by assuming a rate of return of only 19% per annum which Sensex has delivered in the past.

And very importantly, you may end up getting a interest income of Rs 2 Lakhs every month out of 2.8 Crores & that 2.8 Crores would remain as a Investment with you forever.

The figures above mentioned are true & you can check this by downloading wealth calculator from the internet

Regards;

Mayank Gupta MBA Finance,  CRISIL
Wealthbazaar.in


Tags; Crorepati sip investment, sip investment , sip mutual fund, sip investment plan

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