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It is important to note that SIPS contains liquidity, but it may not be possible to get cash immediately as early withdrawal can cost exit load (fees). Apart from this, the power of compounding plays an important role in increasing your money in a long time. Now, let’s see how much money you can make in 10, 20, and 30 years with a daily SIP of ₹ 100?
1. Whose income is irregular, such as freelancer, gig workers.
2. Those who want to invest without large monthly investment.
3. Those who like to invest without putting hands with automation.
Invest in total ₹ 3,65,000 in 10 years. The estimated capital profit on this will be ₹ 3,13,340. That is, in 10 years you will have an estimated corpus ₹ 6,78,340.
How much money can be made from SIP of ₹ 100 daily in 20 years?
If you invest 100 rupees in SIP every day for 20 years, then the total investment amount will be ₹ 7,30,000. Capital profit on this will be ₹ 20,55,161. That is, the estimated corpus in 20 years will be ₹ 27,85,161.
How much money can be made from SIP of ₹ 100 daily in 30 years?
If you make this amount for 30 years, then the total will invest ₹ 10,95,000. The estimated capital profit on this will be ₹ 82,33,629 and the estimated retirement corpus will be ₹ 93,28,629.
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