Steps to reach a ₹10 crore goal via SIP in 25 years
To accumulate a corpus of ₹10 crore over 25 years, you should start a monthly SIP of ₹25,000, assuming an annual return of 12%. Additionally, you must raise your investment amount by 10% each year. By the end of the 25-year period, your total investment will reach ₹2.95 crore, while the projected gains will be ₹7.73 crore. This results in a final total corpus of ₹10.68 crore.
by shortkt.com✓