When will the fund of Rs 1 crore be ready?
If you continue investing like this for 19 to 20 years, then this small amount can create a fund of more than Rs 1 crore. According to SIP calculator, a regular SIP of Rs 6,000 can be Rs 1,01,73,234 in the 19th year. In which your investment can be up to Rs 36,83,532 and return can be up to Rs 64,89,702. The best thing about this is that as your salary increases, if you keep increasing your savings amount little by little, then you can achieve this target more quickly.