How to Become a Crorepati by SIP of 5,000 per Month
Many people believe becoming a crorepati (having ₹1 crore)
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SIP Plan Benefits
Start SIP with as low as ₹1000
No hidden charges
Save upto ₹46,800 in Taxunder section 80C^
Zero LTCG Tax¶
Disciplined & worry-free investing
Best SIP Plans to Become a Crorepati
Details of Best SIP Plans for 5,000 Per Month to Become Crorepati
Below are the details of the best SIP plans that can make you a crorepati:
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ICICI Prudential Large & Mid Cap Fund-Growth
ICICI Prudential Large & Mid Cap Fund-Growth seeks to generate long-term capital appreciation through a portfolio predominantly invested in equity and equity-related securities of large-cap and mid-cap companies, making it a best SIP plan for 5 years and best SIP plan for 10 years for balanced growth.
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Parag Parikh Flexi Cap Fund Regular-Growth
Parag Parikh Flexi Cap Fund Regular-Growth aims to generate long-term capital growth from an actively managed portfolio primarily of equity and equity-related securities, including Indian and foreign equities, positioning it as a best SIP plan for 10 years with diversification benefits.
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HDFC Mid Cap Fund Regular-Growth
HDFC Mid Cap Fund Regular-Growth focuses on providing long-term capital appreciation and income by investing predominantly in mid-cap companies with reasonable growth prospects and sound financials, ideal as a best SIP plan for 5 years targeting higher growth potential.
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Nippon India Small Cap Fund - Growth
Nippon India Small Cap Fund - Growth primarily invests in equity and equity-related instruments of small-cap companies to generate long-term capital appreciation, supplemented by debt for consistency, serving as a best SIP plan for 10 years for high-risk, high-reward investors.
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SBI PSU Fund-Growth
SBI PSU Fund-Growth targets long-term capital growth and liquidity via active management of equity stocks from domestic public sector undertakings and related debt instruments, suitable as a best SIP plan for 5 years in thematic PSU exposure.
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Axis Midcap Fund Regular-Growth
Axis Midcap Fund Regular-Growth strives for long-term capital appreciation by predominantly investing in equity and equity-related instruments of mid-cap companies, emphasizing quality businesses, and acts as a best SIP plan for 10 years for mid-cap focused returns.
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Mirae Asset Large & Midcap Fund Regular-Growth
Mirae Asset Large & Midcap Fund Regular-Growth
seeks income and capital appreciation from a portfolio primarily in equities of large-cap and mid-cap companies, optimized for optimal construction, making it a best SIP plan for 5 years with stability.
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Kotak Large & Midcap Fund Regular-Growth
Kotak Large & Midcap Fund Regular-Growth generates capital appreciation from a diversified equity portfolio blending large-cap and mid-cap stocks across promising sectors, recommended as a best SIP plan for 10 years for sector-agnostic growth.
- Insurance Companies
- Mutual Funds
|
Returns |
| Fund Name |
5 Years |
7 Years |
10 Years |
| SBI Life |
13.67% |
13.65% |
|
| HDFC Life |
20.53% |
16.51% |
|
| Axis Max Life |
26.3% |
22.58% |
|
| ICICI Prudential Life |
16.53% |
15.28% |
|
| Tata AIA Life |
21.74% |
22.68% |
|
| Bajaj Life |
17.37% |
14.77% |
|
| Birla Sun Life |
19.32% |
16.81% |
|
| PNB MetLife |
31.41% |
24.68% |
|
| Canara HSBC Life |
12.84% |
12.24% |
|
| Star Union Dai-ichi Life |
15.2% |
- |
|
Fund rating powered by
Last updated: Nov 2025
Last updated: October 2025
Understanding the Power of SIP
A Systematic Investment Plan (SIP) is a method of investing a fixed amount regularly (e.g., monthly) into a mutual fund scheme. It works on two foundational principles that are key to wealth creation:
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The Magic of Compounding
Compounding is the process where the returns you earn on your investment are reinvested, and those returns then earn their own returns. Over time, this causes your money to grow exponentially.
- Initial Investment + Returns = New Principal
In the context of a SIP, the longer your investment horizon, the greater the effect of power of compounding on your investment.
-
Rupee Cost Averaging
The Rupee Cost Averaging is a mechanism that mitigates market timing risk. By investing a fixed amount regularly, you buy more units when the market price is low and fewer units when the price is high. Over the long run, this strategy helps reduce your average purchase cost, stabilizing your overall returns.
How to Become a Crorepati by SIP?
A Systematic Investment Plan (SIP) is a powerful way to build wealth over time. By starting with as little as ₹5,000 per month, disciplined investing over time can help you accumulate ₹1 crore or more.
The following category of SIPs can help you to become crorepati from SIP:
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Regular SIP:
This involves investing a fixed amount every month without any increase in the investment amount over time. For example, if you invest ₹5,000 monthly for 27 years at an average annual return of 12%, you could accumulate approximately ₹1 crore.
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Step-Up SIP:
This strategy allows you to increase your monthly investment by a certain percentage each year. For instance, starting with ₹5,000 and increasing it by 10% annually can accelerate your path to becoming a crorepati.
| SIP Type |
Monthly Investment |
Duration (Years) |
Expected Annual Return |
Estimated Corpus |
| Regular SIP |
₹5,000 |
27 years |
12% p.a. |
₹1.08 Crore |
| Step-Up SIP |
₹5,000 + 10% p.a. |
21 years |
12% p.a. |
₹1.16 Crore |
SIP Calculator
Monthly Investment
₹22.4 L
Top Funds with High Returns (Past 7 Years)
13.14%
Equity Pension
15.49%
Global Equity Index Funds Strategy
19.07%
High Growth Fund
13.4%
Opportunities Fund
20.92%
Multi Cap Fund
14.34%
Accelerator Mid-Cap Fund II
15.75%
Multiplier
14.7%
Frontline Equity Fund
18.41%
Pension Mid Cap Fund
11.43%
Growth Plus Fund
14.8%
US Equity Fund
15.18%
Growth Opportunities Plus Fund
11.82%
Equity Top 250 Fund
14.24%
Future Apex Fund
12.18%
Pension Dynamic Equity Fund
14.6%
Pension Enhanced Equity
SIP Calculator to Estimate the Duration to Become Crorepati by SIP of 5000 per Month
An SIP calculator helps estimate the corpus based on monthly investment, duration, and expected return.
| Monthly SIP (₹) |
Duration (Years) |
Expected Return (% p.a.) |
Corpus (₹) |
| ₹5,000 |
21 years |
12% |
₹50 lakhs |
| ₹5,000 |
27 years |
12% |
₹1 crore |
| ₹5,000 |
33 years |
12% |
₹2.1 crore |
Example: If you invest ₹5,000/month for 27 years at a 12% return, your corpus will grow to ₹1 crore.
Step-Up SIP Calculator to Estimate Duration to Become Crorepati by Step-Up SIP of 5000 per Month
A Step-Up SIP increases the monthly SIP amount periodically (e.g., by 10% annually), accelerating wealth creation. You can estimate the maturity amount for the increasing sip investments through a Step-up SIP Calculator.
| Initial SIP (₹) |
Annual Step-Up (% p.a.) |
Duration (Years) |
Expected Return (%) |
Corpus (₹) |
| ₹5,000 |
10% |
16 years |
12% |
~50 lakhs |
| ₹5,000 |
10% |
21 years |
12% |
~1 crore |
| ₹5,000 |
10% |
25 years |
12% |
~2 crore |
Example: If you start with ₹5,000/month, increasing by 10% yearly, your corpus can reach ₹2 crore in 25 years.
Investment Options for Your ₹5,000 SIP
To achieve the 12%+ returns required for this goal, your investment must be linked to market performance, primarily equities. Traditional fixed-income products (like FDs) rarely provide such high returns over the long run.
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Equity Mutual Funds via SIP
This is the most popular and effective route for long-term wealth creation. A SIP allows you to invest a fixed amount regularly, benefiting from Rupee Cost Averaging, which mitigates the risk of market timing.
- Flexi-Cap Funds: Invest across large, mid, and small-cap companies, providing diversification and allowing the fund manager to capitalize on opportunities in any market segment. (Often recommended for a primary SIP).
- Large-Cap Funds: Invest in the top 100 companies by market capitalization. They offer relative stability and are considered less volatile than mid or small-cap funds.
- Mid-Cap Funds: Invest in medium-sized companies with high growth potential, but also higher risk. They are excellent wealth creators over a 10+ year horizon.
- Index Funds: Track a specific market index (like Nifty 50 or Sensex). They are passively managed, have very low expense ratios, and historically tend to match market returns.
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Unit Linked Insurance Plans (ULIPs)
ULIPs are a hybrid product that combines investment with life insurance coverage.
- How it works: A part of your premium goes toward providing life cover (mortality charges), and the rest is invested in market-linked funds (equity, debt, or balanced), similar to mutual funds.
- Pros: Tax benefits on premium (under Section 80C) and tax-free maturity proceeds (under Section 10(10D), subject to conditions). They also allow switching between funds.
- Consideration: ULIPs have a 5-year mandatory lock-in period and may have higher charges (due to the insurance component) compared to pure mutual fund SIPs, which can reduce your overall net return.
-
Equity-Linked Savings Schemes (ELSS)
The ELSS is a specific type of equity mutual fund designed for tax saving.
- Key Feature: Investments up to ₹1.5 lakh per financial year are eligible for tax deduction under Section 80C.
- Lock-in: It has the shortest lock-in period (3 years) among all Section 80C investments, making it suitable for wealth creation with a tax benefit.
Benefits of SIP Investment to Become Crorepati
Investing through SIPs offers several advantages:
- Start Small: You can begin with as little as ₹100.
- Disciplined Saving: Regular investments promote financial discipline.
- Rupee Cost Averaging: You buy more units when prices are low and fewer when high.
- Professional Management: Funds are managed by experts who optimise returns.
- Flexibility: You can pause or adjust your investments as needed.
How to Invest in SIP of ₹5000 per Month?
Investing in an SIP is straightforward:
- Choose a Market-Linked Fund: Research and select a fund that aligns with your financial goals.
- Complete KYC Process: Ensure you have completed your Know Your Customer (KYC) requirements.
- Set Up ECS/NACH Mandate: Authorize automatic deductions from your bank account for monthly contributions.
- Start Investing: Begin with your chosen amount and enjoy the benefits of power of compounding over time.
FAQs
-
What is a SIP?
A Systematic Investment Plan (SIP) is a method of investing a fixed amount regularly in mutual funds. It allows you to invest small amounts over time, which can lead to significant wealth accumulation.
-
How much should I invest in SIP to become a crorepati?
Investing ₹5,000 per month in a SIP can help you accumulate around ₹1 crore over 27 years, assuming an average annual return of about 12%.
-
What are the benefits of investing ₹5,000 per month in SIP?
Regular investments through SIPs promote disciplined saving, leverage compounding, and reduce the impact of market volatility through rupee cost averaging.
-
Can I start a SIP with ₹5,000?
Yes, you can start a SIP with as little as ₹500, but investing ₹5,000 monthly is a solid strategy for building wealth over time.
-
How does compounding work in SIP?
Compounding allows your investment returns to generate their own returns over time. The longer you stay invested, the more your money grows exponentially.
