SIP will make you 'rich', understand the complete return chart of ₹1500, ₹2000, ₹2500, or ₹3000 investment! Half of India is unaware of this.

SIP calculation: SIP investment is considered to be the best investment option for future security. The magic of SIP compounding also gives great returns in the long run. You can become a millionaire by investing ₹500, ₹1500, ₹2500 or ₹3000 in SIP. So let's understand through SIP calculation how much return you are going to get on investing ₹1500, ₹2000, ₹2500 or ₹3000.

In this era of rising inflation, everyone wants to have a large amount saved for the future. In today's time, one does not need a salary of lakhs or ancestral property to do this. This is possible with just a little understanding and SIP (Systematic Investment Plan). If you save small amounts like ₹1500, ₹2000, ₹2500 or ₹3000 every month, then too you can become a millionaire through SIP.

Often everyone has this question that if you start SIP from today, then how long will it take you to accumulate Rs 1 crore? This can be understood by calculation based on an estimated annual return of up to 15%.

If you are dreaming of becoming a millionaire even with low income, then SIP can become a powerful means for you. ₹1 crore can be collected in about 30 years with a monthly SIP of only ₹1500. With a SIP of ₹2500, this can be completed in about 28 years. On the other hand, if you invest ₹3000 per month, then in just 26 years you can have an amount of 1 crore in your hand, that too with an estimated 15% return.

With a SIP of ₹1500, you can become a millionaire in about 30 years. Yes, with a SIP of Rs 1500, you will get a return of up to 15 percent. In which the investment amount will be ₹ 5,40,000. In this, according to 15 percent interest, you will get money of ₹ 99,74,731. After 30 years, you will get a total fund of ₹1,05,14,731.

If you want to become a millionaire with a SIP of Rs 2000, then for this you will have to continue investing for 28 years. In this, you will get an average annual return of 15 percent. Then the investment amount will be ₹ 6,72,000 and interest return will be ₹ 96,91,573, in which the total fund will be ₹ 1,03,63,573. Accordingly, if you get 15 percent return on ₹ 2500, you will become a millionaire in 28 years. In this, the investment amount in 28 years will be ₹ 8,40,000 on which you will get a return of ₹ 1,21,14,466, so the total fund value will be ₹ 1,29,54,466.

If you invest Rs 3000 in SIP, you will become a millionaire in 26 years. If you invest for 26 years, you will get an average annual return of 15 percent. In this again the investment amount will be ₹ 9,36,000 and the interest return will be ₹ 1,05,39,074, in which the total fund will be ₹ 1,14,75,074. Accordingly, if you get 15 percent return on ₹ 3000, you will become a millionaire in 25 years. In this the investment amount in 25 years will be ₹ 10,50,000 on which the return will be ₹ 1,04,44,258, so the total fund value will be ₹ 1,14,94,258. So with this calculation you must have understood that becoming a crorepati is no longer just a dream, because you can fulfill this dream by investing in a disciplined manner in SIP.

(Important advice: Investments in mutual funds are subject to market risks. Read all the documents related to the scheme carefully before investing or consult your financial advisor)