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.
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Monthly SIP Amount: ₹15,000
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Investment Period: 10 years
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Fund Type: Large Cap
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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.
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Monthly SIP Amount: ₹15,000
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Investment Period: 10 years
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Fund Type: Mid Cap
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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.
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Monthly SIP Amount: ₹15,000
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Investment Period: 10 years
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Fund Type: Small Cap
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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
Monthly Investment
₹22.4 L
Top Funds with High Returns (Past 7 Years)
18.11%
High Growth Fund
17.8%
Top 200 Fund
13.97%
Accelerator Mid-Cap Fund II
14.53%
Opportunities Fund
9.16%
Equity II Fund
12.86%
Accelerator Fund
14.32%
Growth Opportunities Plus Fund
15.24%
Multiplier
11.57%
Equity Top 250 Fund
12.76%
Future Apex Fund
12.02%
Opportunities Fund
14.09%
Frontline Equity Fund
15.2%
Virtue II
10.49%
Pension Dynamic Equity Fund
12.03%
Equity Optimiser Pension
10.05%
Blue-Chip Equity Fund
- Insurance Companies
- Mutual Funds
|
Returns |
| Fund Name |
5 Years |
7 Years |
10 Years |
| Max Life |
27.23% |
19.77% |
|
| Tata AIA |
32.06% |
20.5% |
|
| Bajaj Allianz |
25.49% |
11.86% |
|
| HDFC Standard |
26.82% |
13.48% |
|
| Canara HSBC Oriental Bank |
21.15% |
10.32% |
|
| Bharti AXA |
24.25% |
14.42% |
|
| Birla Sun Life |
28.17% |
12.64% |
|
| ICICI Prudential |
24.39% |
12.96% |
|
| LIC |
- |
- |
|
| PNB Metlife |
23.2% |
17.21% |
|
Fund rating powered by
Last updated: Mar 2025
| |
Returns |
| Fund Name |
3 Years |
5 Years |
10 Years |
| QUANT |
23.92% |
31.48% |
|
| PARAG PARIKH |
20.69% |
26.41% |
|
| EDELWEISS |
22.34% |
24.29% |
|
| KOTAK |
24.64% |
25.01% |
|
| MIRAE ASSET |
19.74% |
24.32% |
|
| PGIM INDIA |
14.75% |
23.39% |
|
| DSP |
18.41% |
22.33% |
|
| CANARA ROBECO |
20.05% |
21.80% |
|
| SUNDARAM |
18.27% |
18.22% |
|
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:
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Compounding Growth: The longer your money stays invested, the greater the compounding effect.
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Disciplined Investing: SIPs encourage consistent savings, helping you stay on track.
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Flexibility: SIPs can be tailored to your risk tolerance and financial goals.
FAQs
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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:
SIPs provide the benefits of
power of compounding and rupee-cost averaging, making them ideal for wealth accumulation over time.
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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:
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Large-Cap Funds: For stable and consistent returns with lower risk.
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Mid-Cap Funds: For balanced risk and higher growth potential.
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Small-Cap Funds: For aggressive growth with higher risk.
Consult a financial advisor or use an SIP calculator to make an informed decision.
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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.
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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.
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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.
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Are the returns from SIPs taxable?
Yes, returns from SIPs are taxable:
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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%.
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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.
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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.
