Investment Guide: How to reach your target of Rs 1 crore - SIP Tracker (2024)

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Investment Guide: How to reach your target of Rs 1 crore - SIP Tracker (1)

Systematic Investment Plan (SIP) is a strategy wherein an individual needs to invest the same amount of money in a particular mutual fund at every stipulated period. Here’s how much amount and time it will take for your SIP investments to hit Rs 1 crore on an annual return rate of 12% p.a. (Source: FundsIndia)

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Investment Guide: How to reach your target of Rs 1 crore - SIP Tracker (2)

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SIP Amount of Rs 10,000

With a SIP amount of Rs 10,000 with 0% annual increase, the investor will be able to reach Rs 1 crore in 20 years and 1 month.

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Investment Guide: How to reach your target of Rs 1 crore - SIP Tracker (3)

3/9

SIP Amount of Rs 20,000

With a SIP amount of Rs 20,000 with 0% annual increase, the investor will be able to reach Rs 1 crore in 15 years and 0 month.

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Investment Guide: How to reach your target of Rs 1 crore - SIP Tracker (4)

With a SIP amount of Rs 25,000 with 0% annual increase, the investor will be able to reach Rs 1 crore in 13 years and 5 months.

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Investment Guide: How to reach your target of Rs 1 crore - SIP Tracker (5)

5/9

SIP Amount of Rs 30,000

With a SIP amount of Rs 30,000 with 0% annual increase, the investor will be able to reach Rs 1 crore in 12 years and 4 months.

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Investment Guide: How to reach your target of Rs 1 crore - SIP Tracker (6)

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SIP Amount of Rs 40,000

With a SIP amount of Rs 40,000 with 0% annual increase, the investor will be able to reach Rs 1 crore in 10 years and 6 months.

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Investment Guide: How to reach your target of Rs 1 crore - SIP Tracker (7)

7/9

SIP Amount of Rs 50,000

With a SIP amount of Rs 50,000 with 0% annual increase, the investor will be able to reach Rs 1 crore in 9 years and 2 months.

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Investment Guide: How to reach your target of Rs 1 crore - SIP Tracker (8)

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SIP Amount of Rs 75,000

With a SIP amount of Rs 75,000 with 0% annual increase the investor will be able to reach Rs 1 crore in 7 years and 1 month.

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Investment Guide: How to reach your target of Rs 1 crore - SIP Tracker (9)

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SIP Amount of Rs 1,00,000

With SIP amount of Rs 100,000 with 0% annual increase, the investor will be able to reach Rs 1 crore in 5 years and 10 months.

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Investment Guide: How to reach your target of Rs 1 crore - SIP Tracker (2024)
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