The time is converting in money, here how it comes in reality.
The above image is a table that shows how much money a monthly SIP (Systematic Investment Plan) would have needed to be invested starting on a specific date in order to have ₹1 crore (10 million rupees) by April 23, 2023, based on the past returns of various Nifty indices. The table shows the amount that would have needed to be invested in Nifty 50, Nifty 100, Nifty 500, Nifty Midcap 150, and Nifty Smallcap 250.
For example, if you had invested ₹221 per month in the Nifty 50 starting on April 23, 2005, you would have had ₹1 crore by April 23, 2023.
Here are the details for each Nifty index:
| Nifty Index | Amount needed per month |
|---|---|
| Nifty 50 | ₹221 (starting April 23, 2005) |
| Nifty 100 | ₹70 (starting April 23, 2005) |
| Nifty 500 | ₹17 (starting April 23, 2005) |
| Nifty Midcap 150 | ₹0.34 (starting April 23, 2005) |
| Nifty Smallcap 250 | ₹0.02 (starting April 23, 2005) |
It is important to note that past performance is not necessarily indicative of future results it may be more than what we have seen in the past. This table is for informational purposes only and should not be considered investment advice.