Now the most important question. How much SIP will you have to do every month to create a corpus of Rs 1.5 crore? Here we use the logic of SIP calculator. From 25 to 50 years of age, i.e. the investment period is 25 years. The investment has to be made every month and the expected return is 12% per annum.
Accordingly, for a target of Rs 1.5 crore, you will have to do SIP of around Rs 8,000 every month. This is a real figure. If your salary is Rs 25,000, then it is approximately 32%. It may seem a bit much in the beginning, but as the salary increases, it will become easier.
If you want to be even safer and target a corpus of Rs 2 crore, then you will have to do a SIP of around Rs 10,500 every month. When your income increases, top-up SIP will not be a burden.