Know Your SIP For Rs 2 Crore Corpus: What should be your monthly investment to build this retirement corpus in 20 years
Know Your SIP For Rs 2 Crore Corpus: If you want to build a retirement corpus of Rs 2 crore in the next 20 years, you’ll need to plan and invest strategically in SIP mutual funds. So, how much should you invest in an SIP to create a Rs 2 crore corpus in 20 years? Know through calculations -
Know Your SIP For Rs 2 Crore Corpus: Planning for retirement is crucial for anyone who wants a financially stable future. If your goal is to build a retirement corpus of Rs 2 crore in the next 20 years, you’ll need to plan and invest strategically in SIP mutual funds. So, how much should you invest in an SIP to create a Rs 2 crore corpus in 20 years? Know through calculations -
(Disclaimer: Our calculations are projections and not investment advice. Do your due diligence or consult an expert for financial planning)
What is SIP?
SIP (Systematic Investment Plan) is a method of investing in mutual funds where an investor selects a mutual fund scheme and invests a fixed amount of their choice at regular intervals.
SIPs Offer Long-Term Returns
Although linked to market performance, SIPs offer excellent long-term returns.
Power of Compounding
The power of compounding allows your money to grow rapidly over time, making long-term SIPs an effective strategy for wealth creation.
What Should Be Your Monthly Investment to Build a Rs 2 Crore Retirement Corpus in 20 Years?
In this article, we will explain, with calculations, how much you need to invest monthly in an SIP for 20 years to accumulate a retirement corpus of over Rs 2 crore.
Monthly investment to build Rs 2 crore corpus in 20 years (Assuming 12% Annualised Return)
To accumulate a corpus of around Rs 2 crore, assuming an average return of 12 per cent, you would need to invest Rs 20,018 per month for 20 years.
Build Rs 2 crore in 20 years: Calculation for 12% annualised return
Total Investment Amount: Rs 48,04,320
Long-Term Capital Gains: Rs 1,51,96,623
Total Approx. Return: Rs 2,00,00,943
Monthly investment to build Rs 2 crore corpus in 20 years (Assuming 13% Annualised Return)
Assuming an average return rate of 13 per cent, you would need to invest Rs 17,460 per month for 20 years to accumulate a corpus of around Rs 2 crore.
Build Rs 2 crore in 20 years: Calculation for 13% annualised return
Total Investment Amount: Rs 41,90,400
Long-Term Capital Gains: Rs 1,58,10,364
Total Approx. Return: Rs 2,00,00,764
Monthly investment to build Rs 2 crore corpus in 20 years (Assuming 14% Annualised Return)
To accumulate a corpus of around Rs 2 crore, assuming an average return rate of 12 per cent, you would need to invest Rs 15,194 per month for 20 years.
Build Rs 2 crore in 20 Years: Calculation for 14% annualised return
Total Investment Amount: Rs 36,46,560
Long-Term Capital Gains: Rs 1,63,54,005
Total Approx. Return: Rs 2,00,00,565
Monthly investment to build Rs 2 crore corpus in 20 years (Assuming 15% Annualised Return)
Assuming an average return rate of 15 per cent, you would need to invest Rs 13,194 per month for 20 years to accumulate a corpus of around Rs 2 crore.
Build Rs 2 crore in 20 Years: Calculation for 15% annualised return
Total Investment Amount: Rs 31,66,560
Long-Term Capital Gains: Rs 1,68,34,950
Total Approx. Return: Rs 2,00,01,510