Best SIP – Get 9 Crore Without Taking any Lottery | Invest 100 Rs Earn 9 Crore

Best SIP

Systematic Investment Plans (SIPs) and explores the feasibility of achieving a massive corpus of ₹9 crore (90 million rupees) solely through a daily investment of ₹100 (around $1.20) over 30 years. We’ll analyze the calculations presented, explore the suggested investment options, and offer a realistic perspective on early retirement with Best SIP.

The Math Behind the Millions: A Closer Look

The presented scenario outlines an SIP with the following details:

• Daily investment: ₹100 (Monthly: ₹3,000 approx.)
• Annual return (assumed): 10%
• Expected return (assumed): 15% over 30 years
• Total investment: ₹59,21,785 (₹5.92 million approx.)
• Expected return: ₹3,91,45,025 (₹39.14 million approx.)
• Total value: ₹4,50,66,809 (₹45.06 million approx.)

The plan then proposes using a portion of the accumulated amount (₹4 crore) and investing the remaining ₹50 lakh (₹0.5 million) in a Systematic Withdrawal Plan (SWP) to generate a monthly income of ₹30,000.

Also Read…. Good SIP to Invest – Small Steps, Big Results: How SIPs Can Help You Build Long

Scrutinizing the Assumptions

While the concept of building wealth through Best SIP is sound, achieving a 15% annual return consistently over 30 years is highly optimistic. Historical market data suggests an average equity market return of around 10-12% in India. Even a 10% consistent return over 30 years would result in a significantly lower corpus compared to the one presented.

Best SIP funds

The document suggests three multi-cap mutual funds:

1. Canara Robeco Multi Cap Fund Direct Growth
2. Kotak Multicap Fund Direct Growth
3. HDFC Multi Cap Fund Direct Growth

These are all well-established funds with good track records. However, past performance doesn’t guarantee future results. Choosing the right funds requires careful research and consideration of your risk tolerance and investment goals.

SIPs and Early Retirement: A Balanced Approach

Building a sizeable corpus through Best SIP is a powerful tool for long-term wealth creation. However, aiming for such a large sum solely through a daily investment of ₹100 might not be the most realistic approach, especially considering the optimistic return assumptions.

Here’s a more balanced perspective on using Best SIP for early retirement:

• Start Early & Increase Gradually: The earlier you begin your SIP journey, the more time compounding works its magic. Even small increases in investment amounts over time can significantly impact the final corpus.
• Invest for the Long Term: SIPs are best suited for long-term financial goals like retirement. Market fluctuations are inevitable, but staying invested helps ride out market cycles.
• Diversify Your Portfolio: Don’t put all your eggs in one basket. Consider a mix of asset classes like equity, debt, and gold to create a well-diversified portfolio that aligns with your risk profile.
• Realistic Return Expectations: Aim for a reasonable annual return based on historical market data and your chosen asset allocation. Chasing overly optimistic returns can lead to disappointment.
• Plan for Additional Income Sources: SIPs alone might not be enough to fully fund your retirement lifestyle. Consider additional income streams like rental income or a part-time job during retirement.

Conclusion: Best SIP- A Path to Financial Freedom, But with Realistic Expectations

Best SIP are a powerful tool for wealth creation, but achieving a ₹9 crore corpus solely through a daily investment of ₹100 requires significant adjustments to the initial assumptions. By starting early, investing consistently, diversifying your portfolio, and maintaining realistic return expectations, SIPs can become a cornerstone of your long-term financial planning journey, potentially leading to a comfortable retirement. Remember, financial planning is a marathon, not a sprint. Take a calculated approach, and seek professional guidance if needed, to reach your financial goals.