How to save 5 brore with sip: If you are wondering how to deposit up to 5 crore rupees in a quick and smart manner, then SIP (Systematic Investment Plan) in mutual funds can be the most correct option for you. Investing your money increases rapidly by investing SIP in long term, especially if you invest in equity funds. But just doing SIP will not work. With the right strategy and a little smart planning, you can get your goal quickly. Let's know the strong trick ...

What to do to earn 5 crores from SIP?

If you want to make 5 crore rupees quickly, step up SIP can be the best way. This is an investment plan in which you keep increasing your SIP amount from time to time. The advantage of this is that your investment increases rapidly, compounding gets full benefit, there is a big increase in the amount received on maturity, that is, small increasing investment can make your corpus very big in the long term.

How to make 5 crores quickly from Step Up SIP?

If your goal is Rs 5 crore, then the stepup i.e. the top-up SIP is the right step. In this, every year you increase the SIP amount according to your income. For example, the initial monthly SIP is Rs 25,000 and increases it by 10% every year. If the estimated return is 12%, according to SIP calculator, the total investment in 20 years can be Rs 1.72 crore and the Total Corpus can reach 4.97 crore i.e. about 5 crore.

If you do not do step-up SIP?

If you invest so much without stepup SIP, then your total investment in 20 years can be 60 lakh rupees and your potential corpus can be 2.3 crore rupees (according to SIP calculator). It is clear that by adopting SIP in this way, your corpus can be almost double.

How to choose the right mutual fund?

• It is not enough to do just SIP. Investing in equity mutual funds is more likely to increase your money.
• Choose long -performing funds should be selected. See 5–10 year track record.
• Equity funds grow rapidly compared to date oriented schemes.
• Compounding strength appears in the long term

When should SIP not stop?

According to experts, do not panic at market fluctuations. The decline or fluctuations in the market during investment in mutual funds is normal. Do not stop SIP without advice, do not sell the unit without advice. Take advantage of the decline in the market. Buy more units at a lower price, which increases the return in the long term.

How to increase SIP?

If a mutual fund gets dividend or you get bonus, incentive or gift, then add it to SIP. This will increase your corpus rapidly, increase the benefit of compounding and you can reach the goal before time.

How much money should be invested in SIP?

• Decide the SIP amount according to your income.
• Take money only after seeing the goal of investment.
• Learn the ability to take risk.
• As the advice of a financial advisor.

Disclaimer: This article is only for general information. Information given in it is not an investment advice. Investment in mutual funds and SIPs is subject to market risks. Be sure to consult your financial advisor or SEBI registered expert before investment.