SIP Investment: How Long to Reach 10 Lakh with Rs 4000 Monthly?
Business
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News18•18-01-2026, 16:18
SIP Investment: How Long to Reach 10 Lakh with Rs 4000 Monthly?
- •Many are turning to mutual funds via SIPs due to low bank interest rates, aiming for higher returns.
- •Mutual fund investments are subject to market risks; consider funds offering 12-14% returns.
- •Investing Rs 4000 monthly with a 12% annual return could yield Rs 10 lakh in approximately 11 years.
- •Over 11 years, a principal of Rs 5,28,000 would be deposited, potentially growing to Rs 10,98,000.
- •Certain individuals like farmers and small traders, who are non-taxpayers without PAN/bank accounts, can invest up to Rs 50,000 annually in cash.
Why It Matters: Investing Rs 4000 monthly in SIPs at 12% annual return can reach Rs 10 lakh in about 11 years, subject to market risks.
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