To accumulate a fund of approximately ₹5 crore, an individual must commit to a monthly SIP of ₹15,000 for a duration of 30 years, assuming an average yearly return of 12%. Over these three decades, the total investment made by the individual will amount to ₹54 lakh. With the projected annual returns, the investor earns roughly ₹4.75 crore, resulting in a final corpus of ₹5.29 crore.

by shortkt.com✓

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