What will be the value of a ₹1 Lakh monthly SIP in 10 years?+−
At an average equity mutual fund return rate of 12% CAGR, a ₹1 Lakh monthly SIP grows to approximately ₹2.32 Cr in 10 years (total invested: ₹1.20 Cr, wealth gain: ₹1.12 Cr).
What will be the value of a ₹1 Lakh monthly SIP in 20 years?+−
Over a 20-year horizon at 12% CAGR, a ₹1 Lakh monthly SIP creates a corpus of ₹9.99 Cr on an invested capital of ₹2.40 Cr.