3000 SIP for 10 Years

Investing ₹3,000 monthly in a Systematic Investment Plan (SIP) for 10 years can be a powerful way to achieve your long-term financial aspirations. With the advantages of compounding and rupee cost averaging, SIPs can help you navigate market fluctuations and steadily build wealth. Let’s explore how your investment grows across large-cap, mid-cap, and small-cap funds, based on historical average returns.

SIP 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 ₹3,000 SIP for 10 Years

These scenarios highlight how SIPs can help meet various goals, from building an education fund to creating a retirement corpus. Tailoring your investments to your financial needs and risk tolerance can set you on the path to financial independence.

Example 1: Large-Cap Fund

Scenario: A 40-year-old professional seeking steady and consistent returns.
Monthly SIP Amount: ₹3,000
Investment Period: 10 years
Fund Type: Large Cap
Annualised Returns: 10% CAGR (Assumed)
Outcome: Using SIP calculator, In 10 years, the investment could grow to approximately ₹6.04 lakhs. This amount can be used for building an emergency fund or funding a vacation.

Example 2: Mid-Cap Fund

Scenario: A 35-year-old investor balancing growth and moderate risk.
Monthly SIP Amount: ₹3,000
Investment Period: 10 years
Fund Type: Mid Cap
Annualised Returns: 12% CAGR (Assumed)
Outcome: In 10 years, the investment could grow to approximately ₹6.72 lakhs. This corpus can be allocated to higher education or home renovation plans.

Example 3: Small-Cap Fund

Scenario: A 30-year-old investor with a higher risk tolerance and long-term perspective.
Monthly SIP Amount: ₹3,000
Investment Period: 10 years
Fund Type: Small Cap
Annualised Returns: 15% CAGR (Assumed)
Outcome: In 10 years, the investment could grow to approximately ₹7.89 lakhs. This amount can be used for major financial goals such as children’s education or starting a business.

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)

16.4%

High Growth Fund

16.77%

Top 200 Fund

13.2%

Accelerator Mid-Cap Fund II

13.33%

Opportunities Fund

8.64%

Equity II Fund

11.62%

Accelerator Fund

12.67%

Grow Money Plus Fund

14.04%

Multiplier

10.82%

Equity Top 250 Fund

11.19%

Future Apex Fund

10.97%

Opportunities Fund

12.76%

Frontline Equity Fund

14.2%

Virtue II

9.39%

Pension Dynamic Equity Fund

10.45%

Equity Fund

9.07%

Blue-Chip Equity Fund

Insurance Companies
Mutual Funds

Fund Name	5 Years	7 Years	10 Years
	Returns
High Growth Fund Max Life Rating	24.84%	18.57%	16.4% View Plan
Top 200 Fund Tata AIA Rating	24.04%	20.03%	16.77% View Plan
Accelerator Mid-Cap Fund II Bajaj Allianz Rating	17.43%	10.73%	13.2% View Plan
Opportunities Fund HDFC Standard Rating	17.56%	12.29%	13.33% View Plan
Equity II Fund Canara HSBC Oriental Bank Rating	11.56%	9.27%	8.64% View Plan
Grow Money Plus Fund Bharti AXA Rating	15.75%	13.48%	12.67% View Plan
Multiplier Birla Sun Life Rating	18.22%	11.28%	14.04% View Plan
Opportunities Fund ICICI Prudential Rating	15.71%	11.97%	10.97% View Plan
Flexi Growth Fund LIC Rating	-	-	- View Plan
Virtue II PNB Metlife Rating	20.71%	15.98%	14.2% View Plan

Fund rating powered by

Last updated: Feb 2025

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Fund Name	3 Years	5 Years	10 Years
	Returns
Active Fund QUANT	23.92%	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%

Last updated: Feb 2025

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˜Top 5 plans based on annualized premium, for bookings made in the first 6 months of FY 24-25. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in

Why Should You Start Investing Today?

SIPs are a disciplined and straightforward investment option, offering flexibility and growth potential over time. Starting a SIP with as little as ₹3,000 per month can lead to a substantial corpus for your future. The earlier you begin, the longer your money has to grow, giving you an edge with compounding and market averaging. Don’t wait—start your SIP journey today!

Start An Sip Today Watch Your Money Grow

FAQs

Is ₹3,000 per month sufficient for long-term financial goals?

Yes, ₹3,000 per month can grow significantly over 10 years due to the power of compounding. However, you may need to increase your SIP amount or diversify your investments depending on your specific financial goals.
What are the benefits of investing in a SIP for 10 years?
- Long-term wealth creation
- Benefits of rupee cost averaging
- Compounding returns over time
- Flexibility to choose and switch funds
- Disciplined investment habit
Can I withdraw money from my SIP before 10 years?

Yes, most SIPs offer the flexibility to withdraw your funds. However, some funds may have an exit load or tax implications if withdrawn before a specific period.
What are the risks involved in SIP investments?
SIP investments are subject to market risks as they are linked to mutual fund performance. The risk varies by fund type:
- Large-Cap: Low to moderate risk
- Mid-Cap: Moderate risk
- Small-Cap: High risk
  Investors should select funds based on their risk tolerance and investment horizon.
How do I start a ₹3,000 SIP?
- Choose a fund type (large-cap, mid-cap, or small-cap)
- Open an account with a mutual fund provider or financial platform
- Set up an automated monthly payment of ₹3,000
- Track your investment performance periodically
Can I increase my SIP amount over time?

Yes, many mutual funds offer a "SIP top-up" feature, allowing you to increase your monthly investment as your income grows.
Is SIP investment tax-free?

Investments in Equity-Linked Savings Schemes (ELSS) under SIP are eligible for tax deductions up to ₹1.5 lakh per year under Section 80C of the Income Tax Act. However, other SIPs are subject to applicable tax rules on capital gains.
What happens if I miss a SIP payment?

Missing a SIP payment doesn’t result in a penalty, but frequent misses may affect your investment discipline and long-term returns. It’s best to maintain a buffer in your bank account to avoid such situations.
Why should I choose SIP over a lump sum investment?

SIPs allow for disciplined, regular investments, leveraging rupee cost averaging and reducing the impact of market volatility. They are particularly suitable for investors who prefer a steady approach rather than investing a large amount at once.