I earn ₹1.5 lakh/month. What should be my SIP to achieve ₹2.8 cr in 20 yrs?2 min read . Updated: 26 Dec 2021, 02:11 PM IST
- For your goal of ₹2.8 crore after 20 years, you need to do monthly SIPs of ₹39,000 or ₹31,000 if we assume an annual return of 10% and 12% respectively.
I am 38-year-old, I earn ₹1.5 lakh in-hand salary out of which ₹57,000 goes to housing loan, which will continue till November 2023. My fund requirements for two kids are from 10, 14, 18 and 25 years. To achieve target of ₹2.8 crore in 20 years, what should be my monthly SIPs.
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