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  • Investing in your child's future? Try THIS proven SIP formula

Investing in your child's future? Try THIS proven SIP formula

Start investing early for your child's future through SIP. Choose plans with good returns. SIP investments offer inflation-beating returns.

1 Min read
Ajay Joseph
Published : Jan 21 2025, 05:41 PM IST
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15
SIP Investment for Child's Future

SIP Investment for Child's Future

Parents worry about their child's future. Investing early for their future is wise. Choose a plan with good returns. SIP investments offer inflation-beating returns.

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21x10x12 SIP Investment Formula

21x10x12 SIP Investment Formula

SIP invests in mutual funds. While market-linked, long-term SIPs offer good returns, unmatched by other small savings schemes. Learn the 21x10x12 formula to make your child a millionaire by 21.

35
SIP Investment Plan

SIP Investment Plan

The 21x10x12 formula: Invest in mutual funds via SIP from birth for 21 years. 10 represents Rs. 10,000 monthly SIP. 12 represents the average expected return.

45
SIP for Child's Future

SIP for Child's Future

With this formula, a Rs. 10,000 monthly SIP for 21 years totals Rs. 25,20,000. At a 12% average SIP return, you get Rs. 88,66,742 as interest.

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SIP Investment in Mutual Funds

SIP Investment in Mutual Funds

After 21 years, the total becomes Rs. 1,13,86,742. Your child becomes a millionaire by 21. This secures their future. (Disclaimer: Mutual funds are subject to market risks. Read all scheme related documents carefully.)

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About the Author

AJ
Ajay Joseph
With over eight years of journalistic experience, Ajay Joseph Raj. P has been a dedicated member of the Asianet Newsable team, where he serves as the Chief Copy Editor. His expertise spans Business, Career, Stock Market, National, International, and viral/trending topics, with a knack for crafting compelling narratives that connect with diverse audiences.Before joining Asianet Newsable, Ajay honed his skills at OneIndia News and Opoyi English, gaining extensive experience in delivering impactful stories across various beats.
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