Mutual Fund SIP that is Enough to Accumulate ₹100 Crore in 30 Years

Mutual fund advisors say that if an investor is disciplined enough, in that case, one should start monthly SIPs from 20,500 21,000 amount can help him to deposit 100 crores in 30 years. However, for this, they have to be a little careful in their mutual fund SIPs.

speaking on optimization that a mutual fund Karthik Jhaveri, Wealth Manager, Transcend Capital said, “Long term mutual fund SIP enables an investor to get compounding benefits, which means interest on interest earned on one’s money. However, my suggestion to an investor is that Make it grow his/her monthly SIP with the increase in one’s monthly income. It helps your investment grow with your income.”

How to become rich from mutual funds?

On how a disciplined mutual fund investor can increase his monthly SIP amount, Kartik Jhaveri said, “One can use annual SIP step up. In this sentence, an investor can increase his monthly SIP amount by about 15 percent annually By doing so, one succeeds in striking a balance between one’s income and savings.”

on whether SEBI registered tax and investment expert Jitendra Solanki said, whether a retirement fund of 100 crores can be achieved in 30 years 100 cr in 30 years is achievable provided the investor is disciplined enough. Generally, an investor increases his monthly SIP amount by around 15 per cent per annum. But, in the case of this ambitious 100 crore target, one has to take 20 per cent annual SIP steps to be sure about meeting one’s investment goal 100 crores.”

When asked about the mutual fund returns that one can expect on one’s mutual fund SIP for 30 years, Jitendra Solanki said, “If the time frame is 30 years, one can expect around 15 per cent returns on one’s money.” However, if the investor has a higher risk appetite. In mid-cap and small-cap funds, the returns can be 16 to 16.50 per cent per annum. Since the investment horizon is very long, my suggestion for a mutual fund investor Have high risk exposure to mid-cap and small-cap -cap funds.”

sip calculator

Assuming 16 per cent annual return on one’s money to maintain 20 per cent annual SIP step-up for 30 years for mutual fund SIPs, the mutual fund calculator suggests that an investor needs to start monthly SIPs from 20,500 21,000 per month to meet an investment goal of Rs. 100 crores.

Check out the mutual fund SIP calculator below:

On Mutual Fund schemes that can help an investor achieve 100 crore corpus in 30 years, Pankaj Mathpal, MD & CEO of Optima Money Managers listed the following schemes:

1]ICICI Prudential Large End mid Cap Fund;

2]Aditya Birla Sun Life Multi-Cap Fund; And

3]Nippon India Flexi Cap Fund.

Disclaimer: The views and recommendations above are those of individual analysts or money management Companies, not Mint. We advise investors to do due diligence with certified experts before making any investment decision.