If you start a SIP of ₹1000 every month from January 1, 2026 and assume you get an average annual return of 12%, which is considered normal in long term equity funds, then according to the SIP calculator, your investment will reach ₹1,05,757 in 6 years. Meaning you can become a millionaire in 2,190 days. In this your total investment will be ₹72,000 and potential return will be ₹33,757.
Disclaimer: This article has been written for general information and educational purposes only. The SIPs, investment returns and calculations given herein are approximate and may change as per market conditions, fund performance and time. Mutual fund investments are subject to market risks. Before investing, consider your financial goals, risk appetite and take advice from a certified financial advisor or market expert.
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