Sip || Daily sip

In this blog you will learn the power of sip of Rs100 daily that will lead you to earn Rs 2 crore beyond your expectations and then time itself will create the purpose that you are looking for.

List of contents

• Introduction
• What can aid us in accomplishing this goal?
• Determining the calculation required to achieve this objective
• Daily sip investment plan available
• How to increase return through sip
• Conclusion

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Introduction

Making 2 crore rupees by investing just minimum sip amount 100 rupees daily in not an overnight achievement but rather a long term investment plan that requires discipline, patience and smart investing strategies. With power of compounding in long time, anyone can achieve this financial goal with consistent effort.

Every individual dreams of becoming financially independent and accumulate large corpus that will enable them to retire early without worrying about finance problems.

It’s true. If you are wondering how, you will be surprised to learn that just investing Rs 100 every day can make you a millionaire (crorepati) because disciplined investment is a habit of wealthy rich individuals.

One simple rule will guide you: Remember “Slow and steady wins the race.”

What can aid us in accomplishing this goal?

A small amount of just Rs 100 daily can turn you into a millionaire (Crorepati). In long term time and compound interest have the capability of doing work in extraordinary way. Investing in a systematic investment plan (SIP) will help us achieve this wonderful goal. In the long run, sip will grow your wealth, so it is a long-term investment that requires patience and discipline.

SIP in Equity share and mutual fund appeared as the most attractive and lucrative investment option among the individuals whose ages are between 20 – 30 year who lack a big amount to invest in one go.

Determining the calculation required to achieve this objective

Let’s consider your basic monthly income is Rs 15000. Creating a daily minimum investment in SIP worth Rs 100 is a good way to minimize the tension of saving and this amount affordable for everyone.

If you have decided to let’s say invest daily SIP of Rs 100 in index fund, mutual fund etc for a time period of 30 years and expect a return of 15%. Then, your total investment for 30 years would be Rs 10.8 lakhs, and your earnings through SIP would be around 2crore – which simply means you retire with a large amount of over Rs 2.1 crore. But if you just wait for more 5 years your corpus became 4.5 crore that is more than double after 5 year. This is the magic of compounding with long term vision.

SIP Frequency	Sip Amount	Expected annual return in%	Total invested amount in 30 years	Amount after 30 years	Amount after 35 years
Daily	Rs 100	15	10.8 lakhs	Rs 2.1 crore	Rs 4.5 Crore

Note:= The aforementioned return does not take inflation into account.

Daily sip investment plan available

Currently some mutual fund houses offer daily SIP investments as well. Here are a few names ICICI Prudential Mutual Fund, Tata Mutual Fund, HDFC Mutual Fund & UTI Mutual Fund. If you want to invest in equity then you may passively invest in index fund.

How to increase return through sip

Investors can greatly increase their returns through SIPs using two effective components which are mentioned below.

• Time: There will be an exponential growth on your investment as a result of saving a small sum of money regularly for long term, because of the effect of compounding. Every amount you invest, you earn interest on it. These interests get compounded and accumulated over a period of time. The higher the SIP tenure the higher would be your return.
• Rupee-cost averaging: Rupee cost averaging is a concept that allows an investor to take advantage of the market volatility and eliminate the uncertainty of market performance. Investing regularly ensures that you get average purchase cost is evened out in the long period of time. With rupee-cost averaging, an investor with invested SIP amount earns more quantity when the price is low and earns less quantity when the price is high.

To open zerodha account :- Click here

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Conclusion

By discipline, patience, consistency and smart investing strategies, you can potentially reach your goal of Rs 2 crore by investing minimum sip amount 100 rupees daily. By investing in SIP mutual fund, index fund etc. However, it’s important to keep in mind that investing always carries an element of risk is present and it’s important to consult with a financial advisor before making any investment decisions.

I hope you enjoyed reading this. Please share it with other and do comment!

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