Calculated SIP for Rs. 1 crore: Long-term wealth is thought to be created through investing in mutual funds
Even while numerous mutual fund schemes have provided extremely high returns
on investments of 5, 10, and longer than that, there are still some hazards that investors
SIP instills discipline in an investor's approach to investing. Investors can invest a defined portion
disciplined manner on a monthly, weekly, bimonthly, quarterly, half-yearly, or annual basis with the use of SIP.
This article looks at how much time and investment it will take to generate
a wealth of Rs 1 crore from a monthly SIP investment, assuming 12% annual returns
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