Mutual Fund SIP is an option of investment through which you can get equity-like returns from regular small savings as well. Yes, if you make your small savings a habit of investing every month, you can easily create a fund of millions of rupees in the next few years. Yes, in such a situation, if you save Rs 10 per day and take the option of investing in SIPs every month, then you can create a fund of more than Rs 10 lakh in the next 30 years. Let us tell you all that there are many such schemes of mutual funds, which have given an average return of 12% in the long term.

Saving Rs 10 per day – For this, suppose you save Rs 10 per day, then your savings every month become Rs 300. In such a situation, if you sip Rs 300 every month and get an annual return of 12 per cent, then you can create a fund of Rs 10 lakh (Rs 10,58,974) in the next 30 years. Your investment in it will be about Rs 1.1 lakh and a wealth gain of Rs 9.5 lakh.

How much fund will be created in 20 years - Similarly, if you sip Rs 300 every month and get an annual return of 12 per cent, then you can create a fund of Rs 3 lakh (Rs 2,99,744) in the next 20 years. Yes and your investment in this will be about 72 thousand rupees and a wealth gain of 2.3 lakh rupees.

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