Mutual Fund Calculator: How to Build a Corpus of ₹50 Lakhs in 10 Years Through SIP

How much monthly mutual fund SIP would Ravi need to achieve his feat? ₹50 lakh investment target in the next 10 years; Amit Gupta, MD, SAG Infotech said, “A ₹50 lakh corpus required ₹from 21,000 ₹22,000 per month in SIP if the person goes for 10 years (120 months) at an average rate of return of 12 per cent. One can also reduce the same SIP to 18,000 per month if the expected rate of interest will be around 15 per cent. The fund manager is always there to help create a better outlook for the investor and can show a good company to invest in. Some mutual funds offer more than 50 percent interest and some may incur losses. It’s all about the right investment and research. But going through the thumbs up rule, ₹from 18,000 ₹21,000 is the average SIP one can do for the desired corpus in the lowest possible scenario. However, all these returns are highly volatile and come at their own risk.”

The Managing Director of SEBI registered firm further said that one should increase one’s SIP along with the increase in one’s income. It helps an investor to start Mutual Fund SIP at the lowest possible monthly SIP and said “A50 ₹Lakh ( ₹51,19,425) Funds will be required ₹15,000 per month in SIP, if one goes for 10 years (120 months) with an average rate of return expected to be 12 per cent with an annual growth of 10 per cent. A fund manager is there to help you create a better outlook. But going through the thumbs up rule, ₹from 14,000 ₹15,000 is the average SIP one can do for the desired corpus in the lowest possible scenario.”

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Advising Ravi to go for a 15% step-up SIP and be confident about your investment goal; Vineet Khandare, CEO, MyFundBazaar India Pvt Ltd said, “To collect ₹50 lakhs over 10 years through mutual fund SIP, the SIP amount is 12,500 with 15 per cent growth every year and 12 per cent interest rate per annum for a tenor of 10 years.