How much will ₹50,000 monthly SIP grow in 10 years?
A monthly systematic investment plan (SIP) of ₹50,000 over a period of 10 years at a return rate of 12% per annum will grow into a substantial retirement corpus. At the given rate and time, it will generate ₹1,16,16,953. The invested amount in this plan is ₹60,00,000, whereas the estimated return at the given rate is ₹56,16,953.