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How investing Rs 180 a day can help you make Rs 1 crore in 20 years

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SIP

In today’s world, investing your money has become a necessity. Investing in mutual funds through SIP can offer good returns.
 

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For a financially secure future

By saving a portion of your money every month for a few years, you can build substantial wealth. 
 

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Rs 180 daily investment

By investing Rs 180 daily, which amounts to Rs 5400 per month, you can get returns of more than Rs 1 crore in 20 years. 
 

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SIP

In the long term, SIP can help you build immense wealth with the benefits of compounding interest. 
 

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Total investment

If you invest Rs 180 daily, the total investment in one year would be Rs 65,700. Over a period of 20 years, total deposited amount would be Rs 13,14,000. 
 

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Interest rate

With an annual interest rate of 15 percent, the invested amount would grow to Rs 81,86,157 in 20 years. 
 

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Increasing investment amount

With your yearly increment, if you increase the investment amount by 10% every year, then you will get even better returns. In 20 years, your returns would be more than Rs 1 crore.

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Step-Up investment

10% Step-Up refers to increasing the total monthly investment amount by 10% each year. This strategy can help you build substantial funds for future. 

Image credits: freepik
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