New Delhi: Mutual Funds investment via SIP or lumpsum is becoming the most preferred choice for people of India as they plan to earn big returns on their savings and ensure a financially secure future.
Mutual Fund calculator for Rs 1.5 cr corpus
In this article, let’s see if an investor deposits Rs 30,000 every month in Mutual Fund schemes for 15 years, what will be the expected maturity amount. We used a SIP Calculator of www.mutualfundssahihai.com to calculate the expected return. The SIP Calculator helps individuals to choose the tenure and frequency of investments, such as monthly, or quarterly.
While calculating, we assumed the average rate of returns at 12 per cent. If one invests Rs 30,000 in SIP every month for 15 years, the depositor is expected to get Rs 1.50 crore. The invested amount will be Rs 54 lakh.
Mutual Fund investments
In June 2024, equity funds set a record in net inflows as net inflows of Rs 40,608 crore of investment was recorded in the particular segment. Gross SIP flows in the same month were reported to be at record level of Rs 21,262 crore. The mutual funds recorded NFO flows of Rs 15,227 crore across 17 NFOs.
Some of the basic risks in regards to Mutual Fund investment is that the MF schemes are not guaranteed or offer assured returns. Also, past performance of Mutual Fund does not guarantee future performance of any scheme.
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The investors are upbeat on the growth of the Indian economy and stock exchanges and this was evident with the Mutual Fund industry figures released by Association of Mutual Funds in India (Amfi). The data showed that Rs 2 lakh crore was invested in the mutual fund industry through systematic investment plans or SIPs route in 2023-24.
(Disclaimer: This article is only meant to provide information. News9live.com does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds. Calculators are for illustrations only and do not represent actual returns.)
Mutual Fund calculator: If an individual invests Rs 30,000 per month in SIP for 15 years, the depositor is expected to accumulate a corpus of Rs 1.50 crore. Personal Finance Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
