What will be the return in 10 years if I start investing 10,000 every month in SIP and keep it increasing by 1000 every year?
- Priyanka tripathi | 178 days ago
- AAkshit Girhotra174 days ago
If you invest Rs. 10000 pm in SIP and keep increasing it by Rs. 1000 every year, the expected returns at the end of 10 years would depend on the asset allocation you choose.
If you invest in pure equity i.e 100% in equity funds, you can expect a corpus of approx 31.94 lacs at a return of 13%. And if you invest in pure debt in safe funds, you can expect a corpus of approx 23.98Lacs at a return of 7%. Or if you invest in a balanced way i.e putting equal amount in equity & debt funds,...Read More