If you are planning to make your small savings big, then SBI Mutual Fund SIP can be a great option. Through Systematic Investment Plan (SIP), you can start investing with just Rs 1000 and multiply your money over time. Now the question arises that if you invest Rs 1000 every month, how much return will you get after how many years? Let's understand this in simple language.
Do you know that you can get a return of up to Rs 70 lakh by starting investing in SBI Mutual Fund with just Rs 1000? It may sound unbelievable, but it is possible. In this article, we will tell you how you can achieve this goal through Systematic Investment Plan (SIP).
What is SIP?
SIP i.e. Systematic Investment Plan is a way of investing in mutual funds. In this, you invest a fixed amount every month, which goes into the mutual fund scheme. In simple language, SIP is a habit in which you invest a little money from your salary every month and gradually this amount takes a bigger form.
In this, you can start with Rs 500 and according to your convenience, you can invest as much money as you want every month. It completely depends on you how much you want to invest and for how long. If you invest continuously for a long time, then its benefit is also that much more.
How To Get A Return Of Up To Rs 70 Lakh From Rs 1000
You can start SIP in SBI Mutual Fund with just Rs 1000 per month. This minimum amount is a great opportunity for investors, especially those who are new to the world of investing or who do not have a large amount. Suppose you have invested in SBI Technology Opportunities Fund Direct Growth, which has an average annual return rate of 15%. As per this:
| Every Month | Investment Period | Total Deposit | Interest Profit | Total Return |
| Rs.1000 | 1 year | Rs.12,000 | Rs.1,021 | Rs.13,021 |
| Rs.1000 | 10 year | Rs.1,20,000 | Rs.1,58,657 | Rs.2,78,657 |
| Rs.1000 | 20 year | Rs.2,40,000 | Rs.12,75,955 | Rs.15,15,955 |
| Rs.1000 | 30 year | Rs.3,60,000 | Rs.66,49,821 | Rs.70,09,821 |
Benefits Of Investing In SBI SIP
There are many benefits of investing in SBI Mutual Fund—
- Start with a small amount: You can start investing with just Rs 500 or Rs 1000.
- Low risk: Since the investment is done regularly, the impact of market fluctuations is less.
- Long term growth: Your money grows rapidly with the power of compounding.
- Automatic investment: After setting up auto-debit from the bank, you do not have to worry about investing every month.
How Does Money Grow?
- The biggest advantage of SIP is compound interest, which means you earn interest not just on your principal but also on the returns every year.
- If you invest a large amount (Rs 5000-Rs 10,000 per month), you can earn crores of rupees.
How To start SBI SIP?
- Investing in SIP is very easy:
- Visit the SBI Mutual Fund website or use any mutual fund platform (Paytm Money, Groww, Zerodha).
- Upload your documents (PAN, Aadhaar) and complete KYC.
- Choose the fund – Equity Mutual Funds are best for the long term.
- Decide the investment amount and duration – start with Rs 1000 or more.
- Set up auto-debit and start investing!
Is SBI SIP Completely Safe?
- SIP mutual funds are market based, so there is some risk in it.
- Investing for long term reduces risk and increases returns.
- Maintain discipline in SIP and do not withdraw money in between, only then you will get big benefits.
Conclusion
By starting investing in SBI Mutual Fund through SIP from just Rs 1000 per month, you can create a fund of up to Rs 70 lakh in the long term. This method helps you build a large investment portfolio from small amounts. If you are looking for an investment option that gives good returns after retirement If you have any question regarding this post, then you can tell us by commenting in the comment box given below. Your feedback and suggestions are welcome as always. Thank you.
