Power of Compounding: How soon can you build Rs 1.5 crore corpus with monthly investments of Rs 1,500, Rs 2,500, and Rs 3,500?
The power of compounding can help you generate a sizeable corpus if you practice a disciplined and consistent investment strategy. Let’s find out how quickly you can build Rs 1.5 crore corpus with just Rs 1,500, Rs 2,500, and Rs 3,500 monthly investments.
Wealth is not built overnight, you have to be patient and consistent with your investment. This way you can build a sizeable corpus in the long run. For example, if your monthly investments are Rs 1,500 to Rs 3,500, you can end up with a huge retirement amount. People often underestimate the power of small amounts but to your surprise, even small investments can do wonders. Let’s find out how.
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(Disclaimer: Our calculations are projections and not investment advice. Do your due diligence or consult an expert for financial planning)
Compounding power
The power of compounding is a process through which earnings generated by investments are reinvested to generate additional earnings. The key to benefit from compounding is early investment and staying consistent throughout the investment period.
Systematic investment plan
SIP is an investment scheme through which you can invest a fixed amount in a mutual fund. You can invest according to your choice either daily, weekly, monthly, or yearly.
Why choose SIP?
Flexible investment option
Automated
convenient
SIP calculation conditions
Target corpus: Rs 1.5 crore
Monthly investments: Rs 1,500, Rs 2,500, and Rs 3,500
Annualised return: 12 per cent
How soon can you achieve Rs 1.5 crore corpus with Rs 1,500 monthly SIP?
It will take approximately 39 years to reach this target corpus.
How soon can you achieve Rs 1.5 crore corpus with Rs 2,500 monthly SIP?
It will take approximately 35 years to reach this target corpus.
How soon can you achieve Rs 1.5 crore corpus with Rs 3,500 monthly SIP?
It will take approximately 32 years to reach the given target corpus.
What will be your retirement corpus with Rs 1,500 monthly SIP
The investment amount will be Rs 7,02,000, the estimated capital gains will be Rs 1,50,98,516, and the estimated retirement corpus will be Rs 1,58,00,516.
What will be your retirement corpus with Rs 2,500 monthly SIP?
The investment amount will be Rs 10,50,000, the estimated capital gains will be Rs 1,51,88,173, and the estimated retirement corpus will be Rs 1,62,38,173.
What will be your retirement corpus with Rs 3,500 monthly SIP?
The investment amount will be Rs 13,44,000, the estimated capital gains will be Rs 1,44,38,540, and the estimated retirement corpus will be Rs 1,57,82,540.