How to make 5 crore rupees in 25 years
If you are planning to make a lot of money for your child’s education, marriage or business and are looking for a good option for investment. Then Mutual Fund SIP can be a better option for you. A lot of money can be made in the long term through Mutual Fund SIP. Here we will know how much SIP you will have to do every month to create a fund of Rs 5 crore in 25 years.
How much SIP will be required with an estimated return of 12 percent
If you want to create a fund of Rs 5 crore in 25 years, then this can be possible through SIP. If you invest every year with an estimated return of 12 percent on an average, then you will have to do a SIP of Rs 27,000 every month, which will help you create a fund of Rs 5.12 crore in a period of 25 years. Through a SIP of Rs 27,000, your total investment in 25 years will be Rs 81,00,000, which includes an estimated return of Rs 4.31 crore.
If you get an estimated return of 15 percent, then how much money will have to be invested every month
Further, if you invest with an estimated return of 15 per cent per annum on an average, you will have to make a SIP of Rs 16,000 every month, which will help you create a fund of Rs 5.25 crore in a period of 25 years. Through a SIP of Rs 16,000, your total investment in 25 years will be Rs 48,00,000, which includes an estimated return of Rs 4.77 crore.
Special attention has to be paid to this
While investing in mutual fund SIP, you have to keep in mind that the returns on mutual funds come under the purview of capital gains tax. That is, you will have to pay capital gains tax on the returns you get from mutual funds.
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