ilmscore | Achieve ₹14.25 Crore with SIPs! | Money Matters Ep. 14 | Ankur Warikoo Hindi

Achieve ₹14.25 Crore with SIPs! | Money Matters Ep. 14 | Ankur Warikoo Hindi

Published: 2024-06-15
Status: Analyzed

Predictions from this Video

Total: 6
Correct: 0
Incorrect: 0
Pending: 6
Prediction
Topic
Status
An SIP of ₹8000, increasing by 5% annually with a 13% return, is projected to yield ₹5.15 crore in 30 years in a Nifty 50 Index Mutual Fund.
"Look at the first SIP of 8000. We are increasing that 8000 amount by 5 every year and it is giving us 13%. If you do this for 30 years, you will have 5 crore 15 lakh rupees."
Investment in Nifty 50 Index Mutual Fund
Pending
An SIP of an unspecified amount (implied to be substantial and growing) in a Mid-Cap Index Mutual Fund, with a 15% annual return, is projected to yield ₹4.04 crore in 30 years.
"We will also take the second mutual fund of Saaj at 5, its return will increase every year at 15%. And if you do this for 30 years, you will have 4 crore 4 lakh rupees."
Investment in Mid-Cap Index Mutual Fund
Pending
The combined outcome of specific financial actions (including potentially the third SIP mentioned later) is projected to result in ₹14.25 crore. The Small-Cap Index Mutual Fund SIP, starting at ₹0 and increasing by ₹5 annually, is projected to grow to ₹4.75 crore in 30 years (this part of the citation seems contradictory with the overall ₹14.25 crore figure but is extracted as stated).
"If you do only these things, you will have 14 crore 25 lakhs. ... If you start the third SIP from ₹0 and increase it by ₹5 every year, it will earn ₹18 crore and by the age of 30 you will have around ₹4 crore 75 lakh."
Investment in Small-Cap Index Mutual Fund
Pending
An SIP of ₹71000 into a Nifty 50 Index Mutual Fund for six years, left untouched for another 10 years, is projected to grow to ₹71000. This appears to be a misstatement in the transcript as it's a significant decrease.
"SIP of Rs. 7,1000, 750 on Nifty 50 Index Mutual Fund If you invest in the fund for six years, you will have accumulated Rs. 1000. It is not guaranteed but approximately at the end of that period, if you keep that Rs. 2300 in the same fund and do not touch it, meaning you do not do any additional SIP, then after 10 years, the amount will have become Rs. 71000."
Investment in Nifty 50 Index Mutual Fund (re-calculation)
Pending
Investing ₹21,000 annually in a mutual fund SIP with a 12% return is projected to yield ₹2.10 lakh in 6 years. The initial ₹21,000 premium was mentioned as 'gone'.
"you will invest the same Rs. 000 for the next six years, correct, so ok 50, and suppose instead of investing in this policy, you will invest it in mutual fund stocks in the form of SIP, let's assume your rate of return is 12, and then you will invest it for six years, when you invest for six years, you will have Rs. 2,1000,"
Investment in Nifty 50 Index Mutual Fund (re-calculation)
Pending
By investing an amount equivalent to the abandoned insurance premiums (₹80,000, implied as an annual investment) in a small-cap index mutual fund for 20 years, the projected return is ₹18 lakh, compared to the ₹10 lakh payout from the insurance.
"if you are ready to say goodbye to this 80000 rupees, then in the same 20 years, whatever the insurance company is telling you, which was giving you 10 lakh rupees, you will get 18 lakh rupees"
Investment in Small-Cap Index Mutual Fund (re-calculation)
Pending