Transforming Small Daily Investments into Wealth: The Power of SIPs
Rs 100 Daily Investment In SIP: Here's How Much It Can Make In 10, 20, And 30 Years
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Investing just ₹100 daily in a Systematic Investment Plan (SIP) can lead to significant wealth accumulation over time. With an average annual return of 12%, a 30-year investment could grow to over ₹1 crore, demonstrating the impact of consistency and compounding in wealth creation.
- 01A daily investment of ₹100 in a SIP can accumulate substantial wealth over time.
- 02After 10 years, the total corpus can reach ₹7.05 lakh from an investment of ₹3.65 lakh.
- 03Over 20 years, the investment can grow to approximately ₹30.48 lakh from ₹7.3 lakh invested.
- 04Investing for 30 years can yield a corpus of over ₹1 crore from a total investment of ₹10.95 lakh.
- 05The key to wealth creation lies in consistency and the power of compounding.
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Investing a modest amount of ₹100 daily in a Systematic Investment Plan (SIP) can significantly enhance wealth over time through compounding. If maintained for 10 years, the total investment of ₹3.65 lakh could yield a maturity corpus of ₹7.05 lakh at an assumed annual return of 12%. Extending the investment to 20 years would result in a total investment of ₹7.3 lakh, with an estimated corpus of ₹30.48 lakh. For a 30-year period, the total investment would be ₹10.95 lakh, potentially growing to over ₹1 crore. This illustrates the importance of starting early and maintaining discipline in investments, as even small amounts can lead to substantial financial independence in the long run.
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This investment strategy can empower individuals to achieve significant financial goals, such as funding education or purchasing a home, through disciplined saving.
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