Rs 15,000 SIP Vs Rs 15 Lakh Lumpsum: Which Can Build A Bigger Corpus In 20 Years?
A Rs 15,000 monthly SIP could build a slightly bigger corpus than a Rs 15 lakh lumpsum over 20 years, based on an assumed 12% annual return. The result may seem surprising because the entire Rs 15 lakh lumpsum gets invested at the start, giving the full amount two decades to compound. The key difference…