How to Become a Crorepati by SIP of 5,000 per Month?
Regularly investing small amounts in mutual funds^^ or insurance plans can
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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
- Insurance Companies
- Mutual Funds
|
Returns |
| Fund Name |
3 Years |
5 Years |
10 Years |
| PNB Metlife |
18.68% |
25.83% |
|
| Birla Sun Life |
17.56% |
21.84% |
|
| Tata AIA |
18.45% |
21.82% |
|
| Bharti AXA |
14.74% |
18.58% |
|
| Bajaj Allianz |
17.34% |
20.53% |
|
| HDFC Standard |
14.77% |
17.79% |
|
| Max Life |
15.5% |
17.5% |
|
| SBI |
14.88% |
16.53% |
|
| ICICI Prudential |
13.23% |
15.89% |
|
| Canara HSBC Oriental Bank |
12.92% |
13.89% |
|
| |
Returns |
| Fund Name |
3 Years |
5 Years |
10 Years |
| Active Fund QUANT |
24.92% |
31.48% |
|
| Flexi Cap Fund PARAG PARIKH |
20.69% |
26.41% |
|
| Large and Mid-Cap Fund EDELWEISS |
22.34% |
24.29% |
|
| Equity Opportunities Fund KOTAK |
24.64% |
25.01% |
|
| Large and Midcap Fund MIRAE ASSET |
19.74% |
24.32% |
|
| Flexi Cap Fund PGIM INDIA |
14.75% |
23.39% |
|
| Flexi Cap Fund DSP |
18.41% |
22.33% |
|
| Emerging Equities Fund CANARA ROBECO |
20.05% |
21.80% |
|
| Focused fund SUNDARAM |
18.27% |
18.22% |
|
How to Become a Crorepati by SIP?
A Systematic Investment Plan (SIP) is a powerful way to build wealth over time. By starting with as little as ₹5,000 per month, disciplined investing over time can help you accumulate ₹1 crore or more.
The following category of SIPs can help you to become crorepati from SIP:
-
Regular SIP:
This involves investing a fixed amount every month without any increase in the investment amount over time. For example, if you invest ₹5,000 monthly for 27 years at an average annual return of 12%, you could accumulate approximately ₹1 crore.
-
Step-Up SIP:
This strategy allows you to increase your monthly investment by a certain percentage each year. For instance, starting with ₹5,000 and increasing it by 10% annually can accelerate your path to becoming a crorepati.
| SIP Type |
Monthly Investment |
Duration (Years) |
Expected Annual Return |
Estimated Corpus |
| Regular SIP |
₹5,000 |
27 years |
12% p.a. |
~₹1.08 Crore |
| Step-Up SIP |
₹5,000 + 10% p.a. |
21 years |
12% p.a. |
~₹1.16 Crore |
SIP Calculator
Monthly Investment
₹22.4 L
Top Funds with High Returns (Past 7 Years)
19.3%
High Growth Fund
15.61%
Accelerator Mid-Cap Fund II
15.48%
Opportunities Fund
SIP Calculator to Estimate the Duration to Become Crorepati by SIP of 5000 per Month
A SIP calculator helps estimate the corpus based on monthly investment, duration, and expected return.
| Monthly SIP (₹) |
Duration (Years) |
Expected Return (% p.a.) |
Corpus (₹) |
| ₹5,000 |
21 years |
12% |
~50 lakhs |
| ₹5,000 |
27 years |
12% |
~1 crore |
| ₹5,000 |
33 years |
12% |
~2.1 crore |
Example: If you invest ₹5,000/month for 27 years at a 12% return, your corpus will grow to ₹1 crore.
Step-Up SIP Calculator to Estimate Duration to Become Crorepati by Step-Up SIP of 5000 per Month
A Step-Up SIP increases the monthly SIP amount periodically (e.g., by 10% annually), accelerating wealth creation. You can estimate the maturity amount for the increasing sip investments through a Step-up SIP Calculator.
| Initial SIP (₹) |
Annual Step-Up (% p.a.) |
Duration (Years) |
Expected Return (%) |
Corpus (₹) |
| ₹5,000 |
10% |
16 years |
12% |
~50 lakhs |
| ₹5,000 |
10% |
21 years |
12% |
~1 crore |
| ₹5,000 |
10% |
25 years |
12% |
~2 crore |
Example: If you start with ₹5,000/month, increasing by 10% yearly, your corpus can reach ₹2 crore in 25 years.
Benefits of SIP Investment to Become Crorepati
Investing through SIPs offers several advantages:
-
Start Small: You can begin with as little as ₹100.
-
Disciplined Saving: Regular investments promote financial discipline.
-
Rupee Cost Averaging: You buy more units when prices are low and fewer when high.
-
Professional Management: Funds are managed by experts who optimise returns.
-
Flexibility: You can pause or adjust your investments as needed.
How to Invest in SIP of ₹5000 per Month?
Investing in an SIP is straightforward:
-
Choose a Market-Linked Fund: Research and select a fund that aligns with your financial goals.
-
Complete KYC Process: Ensure you have completed your Know Your Customer (KYC) requirements.
-
Set Up ECS/NACH Mandate: Authorize automatic deductions from your bank account for monthly contributions.
-
Start Investing: Begin with your chosen amount and enjoy the benefits of power of compounding over time.
FAQs
-
What is a SIP?
A Systematic Investment Plan (SIP) is a method of investing a fixed amount regularly in mutual funds. It allows you to invest small amounts over time, which can lead to significant wealth accumulation.
-
How much should I invest in SIP to become a crorepati?
Investing ₹5,000 per month in a SIP can help you accumulate around ₹1 crore over 27 years, assuming an average annual return of about 12%.
-
What are the benefits of investing ₹5,000 per month in SIP?
Regular investments through SIPs promote disciplined saving, leverage compounding, and reduce the impact of market volatility through rupee cost averaging.
-
Can I start a SIP with ₹5,000?
Yes, you can start a SIP with as little as ₹500, but investing ₹5,000 monthly is a solid strategy for building wealth over time.
-
How does compounding work in SIP?
Compounding allows your investment returns to generate their own returns over time. The longer you stay invested, the more your money grows exponentially.
