Rs 500 SIP Can Heap up Rs 1 CRORE: Are you thinking it’s impossible to save 1 crore rupees with just a small amount like Rs. 500? Well, let me tell you something amazing! If you start investing just Rs. 500 every month in a SIP and stick with it for a long time, you can actually build 1 crore rupees. Yes, it’s true, but you need to be patient and consistent.
Here’s how it works:
If you invest Rs. 500 every month for 30 years in a good mutual fund, and if that fund gives you a 19.51% return every year. After 30 years, you’ll have Rs. 1 crore and 3 lakhs. And the best part is Rs. 500 is not a big amount. It’s like skipping a few snacks or cutting back on some unnecessary expenses every month.
But here’s a small challenge. You need to be consistent. Many people stop their SIPs after a few months or years. Getting 19.5% returns is not easy. You need to choose the right mutual funds.
The Two Best Mutual Funds for This Goal
To help you achieve your 1 crore dream, I recommend two amazing mutual funds:
- Parag Parikh Flexi Cap Mutual Fund – Direct Growth Plan
- HDFC Sensex Plan – Direct Growth Fund
You can split your Rs. 500 and invest in both of these funds. If you continue doing this for 30 years, you’ll surely reach your goal. And if you increase your SIP amount to Rs. 1000 after a few years, you can reach 1 crore even faster!
Now, here’s the most important thing. To start your SIP, you need a platform that’s safe, easy, and reliable. I recommend Angel One for that. It is a good platform for beginners who want to start their investing journey. You can also open your Angel One account by clicking here.
Final Words
Building 1 crore with just Rs. 500 is not a dream anymore. It’s totally possible if you stay consistent and choose the right funds. Don’t waste any more time—start your SIP today and watch your money grow like magic. Remember, small steps lead to big goals!
Rs 500 SIP Can Heap up Rs 1 CRORE!
Two Best Mutual Funds