Mutual Fund SIP: Invest just Rs 50 a day to build Rs 50 lakh corpus, check calculation

Mutual funds SIP Calculator: If you invest Rs 1500 per month for 30 years, then you can get Rs 52.40 lakh at a 12% rate. 

New Delhi: Mutual funds have become one of the popular investment instruments in current times among Indian investors. The ease with which one can invest on a monthly basis by creating a systematic investment plan (SIP) makes mutual funds favourable among investors. 

By investing on a regular basis, mutual funds offer almost similar returns to equity. You, however, will have to continue your long-term investment innings in SIPs to make sure that you have a decent corpus when you plan to exit. 

For instance, by investing Rs 50 per day, you can easily build a corpus of Rs 50 lakhs in a period of 30 years. According to the SIP calculator, if you invest about Rs 1,500 per month for 30 years, you will get Rs  52.9 lakh.