{"id":1478,"date":"2024-04-23T10:32:31","date_gmt":"2024-04-23T10:32:31","guid":{"rendered":"https:\/\/jamawealth.com\/askguru\/?p=1478"},"modified":"2026-03-02T19:25:33","modified_gmt":"2026-03-02T19:25:33","slug":"what-amount-would-i-get-after-20-years-if-i-invest-5000-per-month-in-tax-saving-sip-elss","status":"publish","type":"post","link":"https:\/\/maxiomwealth.com\/askguru\/2024\/04\/23\/what-amount-would-i-get-after-20-years-if-i-invest-5000-per-month-in-tax-saving-sip-elss\/","title":{"rendered":"What amount would I get after 20 years if I invest 5,000 per month in tax saving SIP (ELSS)?"},"content":{"rendered":"\n<p>Good move&gt; SIP is a nice way to build wealth. 5k per month over 20 years will likely fetch you Rs 75.8 lakhs assuming 15% returns over this duration. By investing in Direct Plan Mutual Funds (make sure those words are there in the scheme), you can save an extra Rs 14.4 lakhs by eliminating commissions.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/qph.cf2.quoracdn.net\/main-qimg-b4bf501da78ef802b06ba54d573f40b6-pjlq\" alt=\"\" \/><\/figure>\n\n\n\n<p>Play with this&nbsp;<a href=\"https:\/\/www.jama.co.in\/mutual-fund-sip-calculator\/sip-calculator.html\" target=\"_blank\" rel=\"noreferrer noopener\">SIP Calculator for Mutual Funds<\/a>1.1K&nbsp;viewsView&nbsp;10&nbsp;upvotes<a href=\"https:\/\/www.quora.com\/What-amount-would-I-get-after-20-years-if-I-invest-5-000-per-month-in-tax-saving-SIP-ELSS\" target=\"_blank\" rel=\"noreferrer noopener\">1 of&nbsp;4&nbsp;answers<\/a>Upvote102<a href=\"https:\/\/www.quora.com\/profile\/Ram-Kalyan-Medury\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><br>Add comment<a href=\"https:\/\/www.quora.com\/profile\/Manish-Kumar-3120\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><strong><a href=\"https:\/\/www.quora.com\/profile\/Manish-Kumar-3120\" target=\"_blank\" rel=\"noreferrer noopener\">Manish Kumar<\/a><\/strong>&nbsp;\u00b7&nbsp;<a href=\"https:\/\/www.quora.com\/What-amount-would-I-get-after-20-years-if-I-invest-5-000-per-month-in-tax-saving-SIP-ELSS\/answer\/Ram-Kalyan-Medury?comment_id=59207438&amp;comment_type=2\">6y<\/a><\/p>\n\n\n\n<p>Sir,<\/p>\n\n\n\n<p>How to calculate inflation adjusted amount in the future. Without knowing inflation adjusted amount, goal based planning would not be accurate.<\/p>\n\n\n<!-- mw-cta-block -->\n\n<div class=\"mw-cta-block\" style=\"background:#EEF3FC;border-left:5px solid #1C52A0;padding:22px 26px 20px;margin:36px 0 24px;border-radius:0 10px 10px 0;\">\n  <p style=\"margin:0 0 4px;font-size:11px;font-weight:700;color:#276FC4;letter-spacing:1px;text-transform:uppercase;\">Maxiom Wealth \u2014 Free Tool<\/p>\n  <h3 style=\"margin:0 0 10px;font-size:19px;font-weight:700;color:#113E81;line-height:1.3;\">How Much Will Your SIP Grow to?<\/h3>\n  <p style=\"margin:0 0 18px;color:#444;font-size:15px;line-height:1.65;\">Use our free SIP calculator to project your wealth at 5, 10, or 20 years. Small monthly amounts compound into life-changing wealth \u2014 but only if you start early enough.<\/p>\n  <a href=\"https:\/\/maxiomwealth.com\/resources\/calculators\/sip\" style=\"display:inline-block;background:#1C52A0;color:#fff!important;padding:11px 22px;border-radius:6px;text-decoration:none;font-weight:600;font-size:14px;margin:0 10px 8px 0;\">Try the SIP Calculator \u2192<\/a>\n  <a href=\"https:\/\/maxiomwealth.com\/meeting\" style=\"display:inline-block;border:2px solid #1C52A0;color:#1C52A0!important;padding:9px 22px;border-radius:6px;text-decoration:none;font-weight:600;font-size:14px;margin-bottom:8px;\">Talk to a Financial Advisor<\/a>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Good move&gt; SIP is a nice way to build wealth. 5k per month over 20 years will likely fetch you Rs 75.8 lakhs assuming 15% returns over this duration. By investing in Direct Plan Mutual Funds (make sure those words are there in the scheme), you can save an extra Rs 14.4 lakhs by eliminating&hellip;&nbsp;<a href=\"https:\/\/maxiomwealth.com\/askguru\/2024\/04\/23\/what-amount-would-i-get-after-20-years-if-i-invest-5000-per-month-in-tax-saving-sip-elss\/\" class=\"\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">What amount would I get after 20 years if I invest 5,000 per month in tax saving SIP (ELSS)?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38,66],"tags":[],"class_list":["post-1478","post","type-post","status-publish","format-standard","hentry","category-mutual-funds","category-returns-mutual-funds"],"_links":{"self":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1478","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/comments?post=1478"}],"version-history":[{"count":1,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1478\/revisions"}],"predecessor-version":[{"id":3488,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1478\/revisions\/3488"}],"wp:attachment":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/media?parent=1478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/categories?post=1478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/tags?post=1478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}