10X20X15 Formula: How much corpus can you accumulate in 20 years with a monthly SIP investment of Rs 10,000 using this formula?

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10X20X15 Formula: How much corpus can you accumulate in 20 years with a monthly SIP investment of Rs 10,000 using this formula?

10X20X15 SIP Formula: If you are looking to build a large corpus through SIP (Systematic Investment Plan) in mutual funds, the 10X20X15 formula can be a good strategy. By following this method, investors can accumulate up to Rs 1.5 crore in just 20 years. This is achieved through the power of compounding – the process by which the value of your investment grows by earning returns on both your initial principal and accrued interest or profits over time. The best part is that you can invest monthly, quarterly, bi-annually, or annually, rather than committing to a lump sum investment.

What is the 10X20X15 Formula? How does this work?

The formula 10X20X15 represents the following components:

– 10: Monthly investment of Rs 10,000.
– 20: Length of time the SIP is maintained (20 years).
– 15: Expected annual return of 15% on your SIP investment.

How Does the 10X20X15 SIP Formula Work? Example classification

Here’s how the 10X20X15 SIP formula can work for you. Let’s break it down:
– If you invest Rs 10,000 every month for 20 years, your total investment will reach Rs 24,00,000.
– Assuming an average rate of return of 15 percent, your average capital gain over 20 years would be around Rs 1,27,59,550.
– After 20 years, your investment can grow to around Rs 1,51,59,550. This amount includes both gross profit and the total amount invested.

Full Calculation Using 10X20X15 SIP Formula

Here is a detailed breakdown for clarity:

– Monthly SIP Amount: Rs 10,000
– Duration: 20 years
– Expected Annual Return: 15%
– Total Investment: Rs 24,00,000
– Cash Profit: Rs 1,27,59,550
– Total Amount After 20 Years: Rs 1,51,59,550

A year	SIP Amt / The month	Total Investment Amt	Interest Amt / A year	Maturity Price
Year 1	10,000	1,20,000	10,211	1,30,211
Year 2	10,000	2,40,000	41,354	2,81,354
Year 3	10,000	3,60,000	96,794	4,56,794
Year 4	10,000	4,80,000	1,80,437	6,60,437
Year 5	10,000	6,00,000	2,96,817	8,96,817
Year 6	10,000	7,20,000	4,51,195	11,71,195
Year 7	10,000	8,40,000	6,49,682	14,89,682
Year 8	10,000	9,60,000	8,99,366	18,59,366
Year 9	10,000	10,80,000	12,08,478	22,88,478
Year 10	10,000	12,00,000	15,86,573	27,86,573
Year 11	10,000	13,20,000	20,44,738	33,64,738
Year 12	10,000	14,40,000	25,95,846	40,35,846
Year 13	10,000	15,60,000	32,54,838	48,14,838
Year 14	10,000	16,80,000	40,39,056	57,19,056
Year 15	10,000	18,00,000	49,68,631	67,68,631
Year 16	10,000	19,20,000	60,66,930	79,86,930
Year 17	10,000	20,40,000	73,61,076	94,01,076
Year 18	10,000	21,60,000	88,82,553	1,10,42,553
Year 19	10,000	22,80,000	1,06,67,904	1,29,47,904
Year 20	10,000	24,00,000	1,27,59,550	1,51,59,550

Key Considerations for SIP Returns

It is important to remember that SIP is a market linked investment. This means that returns are not guaranteed, and the 15 percent return mentioned is just an estimate. Your actual returns may vary based on market conditions and the performance of the mutual funds in which you invest.

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