If I will deposit 60,000 Rs in SBI Blue Chip by lump sum, then How much amount I will get after 5 years? If I will deposit 10,000 Rs in SBI Blue Chip by SIP method, then How much amount I will get after 5 years? Please suggest Lump sum and SIP calculator?
1. As you may know, returns in mutual fund are neither assured nor guaranteed. However, you can assume some rate of return based on how the funds in the respective categories delivered returns in the past. Based on our assumption of 12.5% return, if you invest Rs 60,000 in SBI Bluechip Fund, you can expect an amount of Rs 1.08 Lakh after 5 years. You can play with this calculator and check what could be the final amount after 5 years based on various assumed rate of returns - https://www.advisorkhoj.com/tools-and-calculators...
2. The same applies for SIP returns as well, as you can only assume the same. On a SIP of Rs 10,000 per month for next 10 years, you can expect a corpus of Rs 8.36 Lakhs (assumed rate of annual return is 12.5%). You can calculate from here https://www.advisorkhoj.com/tools-and-calculators...
Hope the above helps! Thanks for writing to Advisorkhoj.
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