SIP Calculation: How much fund will be created after 15 years from a SIP of Rs 3000, see the math..

Due to the attractive returns offered by mutual funds, everyone wants to invest in them. However, these returns depend on the fluctuations in the stock market. Today, we will use SIP calculations to understand how much fund will be created after 15 years with a monthly SIP of Rs 3,000.

Calculation
Investment amount: Rs 3,000 per month
Investment period: 15 years
Investment return: 12%
If a monthly SIP of Rs 3,000 is made, then after 15 years, at a 12% return, one can earn Rs 15,14,000. Over these 15 years, the investment amount alone will be Rs 5,40,000. Additionally, you can earn Rs 9,74,000 in returns. However, this return depends entirely on the fluctuations in the stock market.

What is SIP?
SIP is also known as a Systematic Investment Plan. As the name suggests, it is investing money with a fixed investment for a fixed period of time. SIP offers many benefits that you won't find with any other investment method.

Advantages:
You can start investing with just ₹100 through SIP. There's no maximum limit.

You can increase your SIP amount at any time.

You can also stop it at any time.

There's no time limit like with FDs or RDs; you can invest for any length of time.

Disadvantages:
Under SIP, your money is invested in mutual funds. The returns from these funds depend on market fluctuations.

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