In a Systematic Investment Plan (SIP), you have diverse advantages, one of which is the ability to start with as little as Rs 100. Many SIPs allow investors to begin investing with this small amount. Also, SIPs offer liquidity, enabling investors to withdraw or redeem their invested funds, subject to the fund’s terms and conditions, and potentially incur exit loads or other charges.
It is important to note that while SIPs provide liquidity, instant access to cash may not be possible due to potential exit loads (fees) for early withdrawals. Furthermore, the power of compounding plays a major role in growing your wealth over the long term. Now, let’s explore how much you can build in 10, 20, and 30 years with Rs 100 daily SIP.
What is a daily SIP investment?
A daily SIP (Systematic Investment Plan) is a process of investing in mutual funds where a fixed amount is invested every trading day. This differs from regular SIPs, which generally involve monthly or quarterly investments. In a daily SIP, a fixed amount, such as Rs 100, automates every business day into a chosen mutual fund scheme.
Daily SIP can be a game-changer for:
Those who have an irregular income, such as freelancers, gig workers.
Those who want to invest without waiting for a big monthly chunk.
Those who prefer hands-free investing with automation
Daily SIP calculation conditions
- Target corpus: ?
- Daily investment: Rs 100
- Annualised return: 12 per cent
How much can Rs 100 daily SIP build in 10 years?
The total investment amount will be Rs 3,65,000, the estimated capital gains will be Rs 3,13,340, and the estimated corpus in 10 years will be Rs 6,78,340.
How much can Rs 100 daily SIP build in 20 years?
The total investment amount will be Rs 7,30,000, the capital gains will be Rs 20,55,161, and the estimated corpus in 20 years will be Rs 27,85,161.
How much can Rs 100 daily SIP build in 30 years?
The total investment amount will be Rs 10,95,000, the estimated capital gains will be Rs 82,33,629, and the estimated retirement corpus will be Rs 93,28,629.
How much can you accumulate in 10, 20, and 30 years with a daily SIP of Rs 100?
In 10 years: Estimated Rs 6,78,340
In 20 years: Estimated Rs 27,85,161
In 30 years: Estimated Rs 93,28,629
Also Read: Home Loan Calculations: How you can save Rs 26 lakh and 5 years on Rs 65 lakh, 30-year loan