How to calculate "expected rate of return(compounded)" for SIP investment? If I invest Rs.1000 every month for 5 years. How much return I would get?Similar Threads:
Expected rate of return for SIP investment?
How to calculate "expected rate of return(compounded)" for SIP investment? If I invest Rs.1000 every month for 5 years. How much return I would get?Similar Threads:
As per your example -Originally Posted by New Bee
Your total SIP investment over a period of 5 years is 1000*12*5=60000
Your returns compounded at the rate of 10% (assumed) is 77171.73
Like this you can put the compounded rate of return and calculate it.
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I am speaking from experience and my own personal views above - I am not an advisor, nor an expert.
Thanks Confused for answering my query, but how do you get 10% rate?
This is rate of return, you are expecting from your investment.
Rules/Guidelines at PolicyWala | Help Old People |
I am speaking from experience and my own personal views above - I am not an advisor, nor an expert.
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