15000 SIP for 10 Years

Investing ₹15,000 monthly in a Systematic Investment Plan (SIP) for 10 years is a powerful strategy to build substantial wealth over time. SIPs leverage the benefits of compounding and rupee-cost averaging, making them an excellent choice for achieving long-term financial goals. Let’s explore how your investment can grow across different fund categories based on historical average returns.

SIP Insurance Plan Benefits

Start SIP with as low as ₹1000

No hidden charges

Save upto ₹46,800 in Taxunder section 80C^{^}

Zero LTCG Tax^¶

Disciplined & worry-free investing

Examples of 15,000 SIP for 10 Years

These examples demonstrate how a ₹15,000 SIP can cater to diverse financial aspirations, such as securing your child’s education, planning a dream home, or building a retirement corpus. By choosing funds that align with your goals and risk tolerance, you can steadily achieve your financial dreams. Use an SIP calculator to explore potential returns.

Example 1: Large-Cap Fund

Scenario: Anjali, a 40-year-old manager, wants to secure her child’s higher education expenses in 10 years. She opts for a large-cap fund known for stability and consistent returns, offering an estimated 12% annual return.

Monthly SIP Amount: ₹15,000
Investment Period: 10 years
Fund Type: Large Cap
Annualised Returns: 12% CAGR (Estimated)

Outcome: By the time her child is 20 years old, Anjali’s investment could grow to approximately ₹33.6 lakhs. This corpus can significantly contribute to funding education in prestigious institutions.

Example 2: Mid-Cap Fund

Scenario: Rohit, a 35-year-old software professional, dreams of buying his dream house in 10 years. He invests in a mid-cap fund, aiming for moderate risk and higher returns with an expected 14% annual return.

Monthly SIP Amount: ₹15,000
Investment Period: 10 years
Fund Type: Mid Cap
Annualised Returns: 14% CAGR (Estimated)

Outcome: At the end of 10 years, Rohit’s SIP could grow to around ₹37.4 lakhs. This amount could serve as a substantial down payment for his dream home, bringing him closer to his financial goal.

Example 3: Small-Cap Fund

Scenario: Simran, a 30-year-old entrepreneur, seeks aggressive growth for her business expansion in 10 years. She invests in a small-cap fund with a high-risk appetite, anticipating a 16% annual return.

Monthly SIP Amount: ₹15,000
Investment Period: 10 years
Fund Type: Small Cap
Annualised Returns: 16% CAGR (Estimated)

Outcome: By the time Simran is 40, her investment could grow to around ₹41.6 lakhs. This corpus can be utilized to fund business expansion or other high-growth opportunities.

SIP Calculator

I know my investment amount I know my goal amount

Monthly SIP Yearly SIP Lumpsum

I want to invest Pro Tip

Financial experts suggest that a person should invest 10-15% of their monthly income for long-term financial growth

/Month

I want to invest for Pro Tip

Financial experts suggest that individuals should ideally invest for a period of 5 to 10 years, or even longer, to maximize the benefits of compounding and navigate market fluctuations effectively

Years

Expected return Pro Tip

Top 25% of investors consistently generate more than 12% return

% Annually

Total Wealth ₹22.4 L

View Plans

I want to save

I want to invest for Pro Tip

Financial experts suggest that individuals should ideally invest for a period of 5 to 10 years, or even longer, to maximize the benefits of compounding and navigate market fluctuations effectively

Years

Expected return Pro Tip

Top 25% of investors consistently generate more than 12% return

% Annually

Monthly Investment ₹22.4 L

View Plans

Top Funds with High Returns (Past 7 Years)

19.3%

High Growth Fund

15.61%

Accelerator Mid-Cap Fund II

15.48%

Opportunities Fund

Insurance Companies
Mutual Funds

Fund Name	3 Years	5 Years	10 Years
	Returns
Virtue II PNB Metlife	18.68%	25.83%	16.48% View Plan
Pure Equity Birla Sun Life	17.56%	21.84%	15.07% View Plan
Large Cap Equity Fund Tata AIA	18.45%	21.82%	14.88% View Plan
Grow Money Plus Fund Bharti AXA	14.74%	18.58%	14.12% View Plan
Pure Stock Fund Bajaj Allianz	17.34%	20.53%	14.04% View Plan
Diversified Equity Fund HDFC Standard	14.77%	17.79%	13.96% View Plan
Growth Super Fund Max Life	15.5%	17.5%	12.83% View Plan
Equity Fund SBI	14.88%	16.53%	12.1% View Plan
Bluechip Fund ICICI Prudential	13.23%	15.89%	11.33% View Plan
Growth Plus Fund Canara HSBC Oriental Bank	12.92%	13.89%	10.36% View Plan

Updated as of Dec 2024

Compare more funds

Fund Name	3 Years	5 Years	10 Years
	Returns
Active Fund QUANT	24.92%	31.48%	21.87%
Flexi Cap Fund PARAG PARIKH	20.69%	26.41%	19.28%
Large and Mid-Cap Fund EDELWEISS	22.34%	24.29%	17.94%
Equity Opportunities Fund KOTAK	24.64%	25.01%	19.45%
Large and Midcap Fund MIRAE ASSET	19.74%	24.32%	22.50%
Flexi Cap Fund PGIM INDIA	14.75%	23.39%	-
Flexi Cap Fund DSP	18.41%	22.33%	16.91%
Emerging Equities Fund CANARA ROBECO	20.05%	21.80%	15.92%
Focused fund SUNDARAM	18.27%	18.22%	16.55%

Updated as of Dec 2024

Compare more funds

Why Start Investing in SIPs Today?

The true power of SIPs lies in their disciplined approach to investing and the potential for long-term wealth creation. Starting a ₹15,000 SIP today allows you to systematically build a significant corpus for future needs, whether for education, a home, or retirement.

Benefits of Starting Early:

Compounding Growth: The longer your money stays invested, the greater the compounding effect.
Disciplined Investing: SIPs encourage consistent savings, helping you stay on track.
Flexibility: SIPs can be tailored to your risk tolerance and financial goals.

FAQs

Is a ₹15,000 SIP for 10 years suitable for long-term goals?
Yes, a ₹15,000 SIP is highly suitable for long-term goals like:
- Funding higher education
- Saving for a dream home
- Planning for retirement
- Building a business corpus
SIPs provide the benefits of power of compounding and rupee-cost averaging, making them ideal for wealth accumulation over time.
How do I choose the right fund for my ₹15,000 SIP?
Selecting the right fund on your best sip plan depends on your financial goals and risk tolerance:
- Large-Cap Funds: For stable and consistent returns with lower risk.
- Mid-Cap Funds: For balanced risk and higher growth potential.
- Small-Cap Funds: For aggressive growth with higher risk.
  Consult a financial advisor or use an SIP calculator to make an informed decision.
What happens if I miss a SIP payment?

Missing one or two SIP payments doesn’t result in penalties or cancellation of your SIP. However, consistent contributions are essential to maximize returns. Inform your fund house if you anticipate missing multiple payments.
Can I increase the SIP amount during the 10-year period?

Yes, you can increase your SIP amount at any time using a feature called SIP Top-Up. This allows you to boost your investments and achieve higher returns in line with income growth.
Are SIPs affected by market volatility?

While SIPs are market-linked, they benefit from rupee-cost averaging, which reduces the impact of market volatility. Over time, this strategy evens out the purchase cost of units, enhancing returns.
Are the returns from SIPs taxable?
Yes, returns from SIPs are taxable:
- Equity Funds: Gains held for over one year are taxed at 10% (if gains exceed ₹1 lakh). Short-term gains (under one year) are taxed at 15%.
- Debt Funds: Gains held for over three years are taxed at 20% with indexation benefits. Short-term gains are taxed as per your income slab.
Can I withdraw my SIP investment before 10 years?

Yes, you can withdraw your investment anytime. However, certain funds may have an exit load or tax implications for early withdrawals. It’s advisable to remain invested for the full tenure to maximize returns.