Personal Finance
SIP Calculator Says ₹1 Crore. Nifty's Last Five Years Say ₹59 Lakh
A ₹10,000 SIP for 20 years reaches ₹1 crore only at about 12.7% a year. At the Nifty's recent 8.32%, it is ₹59 lakh, and less after tax and inflation.
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Personal Finance
A ₹10,000 SIP for 20 years reaches ₹1 crore only at about 12.7% a year. At the Nifty's recent 8.32%, it is ₹59 lakh, and less after tax and inflation.