Today's Top Gainer
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Note:Top Gainer - Nifty 50 More
If you have been investing in equity mutual funds through a systematic investment plan (SIP), then you would have surely heard of a concept called rupee cost averaging (RCA). RCA helps you catch lower price points in an investment through regular investing.
May 15, 2018 05:05 IST India Infoline News Service
Month | Lumpsum | Alpha Fund NAV | Monthly SIP | Units Allotted | Cumulative Units |
Jan 2017 | Rs1,20,000 invested in Alpha Fund on January at NAV of Rs25 allotting 4,800 units at the start of the year | 25.00 | Rs10,000 | 400.00 | 400.00 |
Feb 2017 | 26.20 | Rs10,000 | 381.68 | 781.68 | |
Mar 2017 | 25.15 | Rs10,000 | 397.61 | 1,179.29 | |
Apr 2017 | 24.00 | Rs10,000 | 416.67 | 1,595.96 | |
May 2017 | 23.25 | Rs10,000 | 430.11 | 2,026.07 | |
Jun 2017 | 22.15 | Rs10,000 | 451.47 | 2,477.54 | |
Jul 2017 | 21.25 | Rs10,000 | 470.59 | 2,948.13 | |
Aug 2017 | 20.40 | Rs10,000 | 490.19 | 3,438.32 | |
Sep 2017 | 22.30 | Rs10,000 | 448.43 | 3,886.75 | |
Oct 2017 | 22.50 | Rs10,000 | 444.44 | 4,331.19 | |
Nov 2017 | 23.25 | Rs10,000 | 430.11 | 4,761.30 | |
Dec 2017 | 23.50 | Rs10,000 | 425.53 | 5,186.83 | |
Lumpsum Units | NAV | Lumpsum Value | SIP Units Allocated | Closing SIP Value | |
Year-End | 4,800 | 23.50 | Rs1,12,800 | 5,186.83 | Rs1,21,891 |
How a SIP of Rs10,000 per month at 15% CAGR generates wealth over time | |||||
Particulars | 5-Year SIP | 10-Year SIP | 15-Year SIP | 20-Year SIP | 25-Year SIP |
Monthly SIP | Rs10,000 | Rs10,000 | Rs10,000 | Rs10,000 | Rs10,000 |
CAGR Returns | 15% | 15% | 15% | 15% | 15% |
Total Invested | Rs6 lakh | Rs12 lakh | Rs18 lakh | Rs24 lakh | Rs30 lakh |
Final Value | Rs8.97 lakh | Rs27.87 lakh | Rs67.69 lakh | Rs1.52 crore | Rs3.28 crore |
Wealth Ratio | 1.495 times | 2.323 times | 3.761 times | 6.333 times | 10.9333 times |