What total amount should I expect if I invest Rs.5000/- per month in Mutual Fund for 15 years? Ankit P, 01 Jan 2013

What are various SIPs available in the market? Which one is the best and at what rate of interest SIP pays back? What amount should I expect if I invest Rs.5000/- per month for 15 years?

Fintotal Answer

Investment in SIP can be done through various frequencies such as monthly, quarterly, or in some funds even daily. The choice of frequency totally depends on the investor, but monthly SIP is better for your financial discipline. The returns totally depend on the movement of the market but can be estimated to be in the range of 10-15%. To know the returns of your investment check Tools page.

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