Earning 15,000 A Month? SIP Can Help You Build Crore-Plus Wealth

2025-09-03 12:00:36

(MENAFN- AsiaNet News)

Even those with a monthly income of just Rs 15,000 can become millionaires by investing in SIP. It's a great way to grow your wealth.

SIP stands for Systematic Investment Plan. It's an easy way to invest in mutual funds, like a digital piggy bank. It's convenient for small investments and easy withdrawals. You can start with as little as Rs 100. SIP offers high returns for low-income earners.

Those earning Rs 15,000 often struggle with saving. However, even with this salary, you can quickly accumulate a lakh through SIP. We'll show you how to save and invest effectively.

If you earn Rs 15,000, aim to save Rs 1,000 monthly and invest it in SIP. You'll earn 12% interest on each Rs 1,000. In six years, you'll save a lakh. Saving Rs 2,000 monthly yields over two lakhs in six years.

Saving Rs 3,000 monthly could yield up to four lakhs. You get 12% interest on your savings. Saving Rs 1,000 monthly gives you Rs 1,06,000 in six years (72,000 principal + interest). Saving Rs 5,000 monthly could yield over five lakhs in six years (3,60,000 principal + interest).

SIP is a low-risk way to maximize returns with small savings. The longer you invest, the greater your profit due to the 12% interest. Even with a low salary, try saving Rs 1,000 to Rs 5,000 monthly in SIP for maximum benefit.

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