FinanceMint

₹100 daily SIP can yield ₹1 crore in 25 years, says study

in5points
  1. Investing ₹100 daily (₹3,000 monthly) for 25 years through a mutual fund SIP can potentially grow to over ₹1 crore.

  2. The final corpus depends on the annual rate of return; locking in higher returns boosts compounding.

  3. Starting early and staying consistent are core fundamentals for building retirement wealth.

  4. Albert Einstein's quote on compound interest is referenced to emphasize the importance of compounding.

  5. Investors should consult a certified financial advisor and do due diligence before investing.

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