How much SIP needed for building a retirement corpus of 5 Crores

I want to build a corpus amount of 5 Crores after 30 years at the time of retirement. Please suggest the best fund and how much amount to invest as SIP?

May 10, 2017 by Sujith A D, Thrissur  |   Retirement Planning

As your investment horizon is 30 years, you can invest in diversified equity funds for building your retirement corpus of Rs 5 Crores.

You can invest Rs 15,400 per month for 30 years and assuming returns of 12% per annum you can reach your retirement corpus of 5 Crores. You can use this calculator further to know how much need to be invested per month at different assumed rate of returns https://www.advisorkhoj.com/tools-and-calculators/target-amount-sip-calculator

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