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    SIP Plan: Invest 5000 rupees every month in SIP, this way you will become owner of crores

    ntexpressBy No Comments3 Mins Read

    sip planImage Credit source: File Photo

    If you invest, then at present there are many options available in the market for you. But if you want to invest 5 thousand rupees every month. So you can invest money in SIP. SIP option is the best option for better returns. You can earn well by investing in it. The amount of interest in SIP is not fixed. In this, the interest rates can be from 12 to 18 percent.

    If you do SIP of Rs 5000 every month for 5 years, then you will have to invest a total of Rs 3 lakh in it. On the other hand, if we talk about the interest rate, then you can get the benefit of interest at an average rate of 12 percent, in which you will get Rs 1,12,432 as interest. In this way after 5 years you will get Rs 412,432. Apart from this, the rate of interest is not fixed, it can be from 14 to 18 percent according to the returns of the market. So according to this SIP is the best option, but it also has risk.

    Know when will be the earning?

    1. If you invest 5000 thousand rupees in SIP for 10 years, then you will have to deposit a total of 6 lakh rupees in 10 years. In this, you will get interest of Rs 5,61,695 at the rate of 12 percent. In this way you will get a total of Rs 11,61,695 after 10 years.
    2. If you invest 5000 thousand rupees in SIP for 15 years, then you will have to deposit a total of 9 lakh rupees in 15 years. In this, you will get interest of Rs 16,22,880 at the rate of 12 percent. In this way you will get a total of Rs 25,22,880 after 15 years.
    3. If you invest 5000 thousand rupees in SIP for 20 years, then you will have to deposit a total of 12 lakh rupees in 20 years. In this, you will get interest of Rs 37,95,740 at the rate of 12 percent. In this way you will get a total of Rs 49,95,740 after 20 years.
    4. If you invest 5000 thousand rupees in SIP for 25 years, then you will have to deposit a total of 15 lakh rupees in 25 years. In this, you will get interest of Rs 79,88,175 at the rate of 12 percent. In this way you will get a total of Rs 94,88,175 after 25 years.
    5. If you invest 5000 thousand rupees in SIP for 30 years, then you will have to deposit a total of 18 lakh rupees in 30 years. In this, you will get interest of Rs 1,58,49,569 at the rate of 12 percent. In this way you will get a total of Rs 1,76,49,569 after 30 years.

    read this also – If you are going to withdraw money before maturity in FD, then know these rules

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