SIP 100 Rupees Daily Plan: A big corpus can be created even with small investments. Often people think that what can be achieved with such a small investment, but there is not much truth in this. If you are able to continue your investment journey regularly and for a long time, you can easily accumulate a substantial amount.
For example, if you do a Systematic Investment Plan (SIP) of only Rs 100 every day, then depending on the power of your compounding, it can give you a corpus of Rs crore. Let us understand, how this small savings can make you financially free….
You can start by investing Rs 100 every day
If you are planning to build a big fund, you can start with a daily SIP of just Rs 100. In comparison to other investment options, you get the benefit of compounding in SIP investment. That means you get interest amount on your interest also.
Understand the complete calculation
If you invest Rs 100 daily i.e. approximately Rs 3,000 per month in a SIP and get an average annual return of 12 percent on it. Also, if you continue this investment for 30 years, you can reach a corpus of Rs. crores.
However, for this you will have to continue the investment journey without stopping. According to the calculation, your total investment in 30 years will be Rs 18 lakh. On which the estimated return can be around Rs 1,58,49,569. That means overall your amount can increase to around Rs 1,76,49,569.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
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