How much return will you get from a monthly SIP of Rs 1000 in 5, 10, 15 and 20 years? Learn calculation here

How much return do you get in SIP in 1 year? SIP gives an average return of 12% to 15% annually. This is 1 year interest on your money. But the interest rate in SIP is not fixed, which means that if you invest SIP in a mutual fund, you get higher returns (20-30%).

Some give low returns (8-10%).

Stock market SIP

Priti kumari

11-09-2023 || 07:43

How much return will you get from a monthly SIP of Rs 1000 in 5, 10, 15 and 20 years? Learn calculation here

Nowadays SIP is considered a better option for investment. Through this, one gets very good returns by investing money in mutual funds. If you are starting SIP for the first time, then know here how much profit you will get in 5, 10, 15 and 20 years.

Whenever we talk about investment, people definitely mention SIP i.e. Systematic Investment Plan. There are many benefits of investing in mutual funds through SIP. For example, you can start SIP with just Rs 500, increase the investment over time, pause the SIP if needed and start it again from there anytime etc. Apart from this, despite being linked to the market, the risk in SIP is considered less and the returns are better.

Most experts believe that on average, through SIP, interest can be up to 12 percent and sometimes even up to 15 and 20 percent. In this you get the benefit of compounding, in such a situation you can easily create wealth through SIP. The longer you run SIP, the better benefit you will get. If you are going to start SIP for the first time, then let us tell you how much return you will get from a monthly SIP of Rs 1000 in 5, 10, 15 and 20 years.

5 year SIP

According to the SIP calculator, if you start a monthly SIP of Rs 1000, then in 5 years you will invest a total of Rs 60 thousand, but you will get a total of Rs 22,486 as interest and a total of Rs 82,486 as 12 percent return. . If the return is 15 percent then you will get a total of Rs 89,682 along with interest of Rs 29,682.

10 year SIP

If this SIP is continued for 10 years then the total investment will be Rs 1,20,000. At the rate of 12 percent, you will get Rs 1,12,339 as interest which is almost equal to your investment. In this way, after 10 years you will receive a total of Rs 2,32,339.

15 year SIP

If SIP of Rs 1000 is continued continuously for 15 years, the total investment will be Rs 1,80,000. But with compounding interest of 12 percent, you will get a total interest of Rs 3,24,576, which is much more than your investment. In this way, after 15 years you will get a total of Rs 5,04,576.

15 Year SIP If SIP of Rs 1000 is continued continuously for 15 years, the total investment will be Rs 1,80,000. But with compounding interest of 12 percent, you will get a total interest of Rs 3,24,576, which is much more than your investment. In this way, after 15 years you will get a total of Rs 5,04,576.

20 year SIP

Whereas if you invest only Rs 1000 monthly continuously through SIP for 20 years, then your total investment will be Rs 2,40,000. But as 12 percent return, you will get a total of Rs 7,59,148, which is more than double your invested amount. In this way, after 20 years you will get a total of Rs 9,99,148.

Writer. Priti kumari