Mutual fund SIPs have become a popular way to accumulate wealth and manage portfolios. In March, the SIP amount reached an all-time high of Rs. 14,276 crores. While net inflows into equity funds demonstrated a strong upward trend in March with net inflows of Rs. 20,534 crores, up over 30% from February 2023.

Since mutual funds are advised for the long term, they can help minimise market risks and volatility while maximising returns through compounding. It is possible to build a significant corpus through mutual fund SIPs over a long-term investment horizon.

For instance, industry experts recommend investing in mutual fund SIPs for 25 years to achieve a corpus of ₹5 Crores. Based on various calculations, a monthly SIP investment of around ₹80,000 – ₹1,00,000 could be required to achieve this goal. However, it is crucial to note that the required SIP amount may vary based on factors such as the type of mutual fund, investment horizon, and market conditions.

Overall, mutual fund SIPs provide a disciplined and accessible investment option for individuals seeking long-term wealth creation. With consistent investments, it is possible to achieve financial goals and build a substantial corpus for the future.