If I invest 30,000 Rs per month in an SIP for 15 years, how much total amount would I get at the end of 15 years without any risk?

Assuming an average annual return of 10%, the calculation for the future value of your SIP investment is as follows:

FV = P * [(1 + r)^n - 1] / r

Where:

FV = Future Value

P = Monthly investment amount (30,000 Rs)

r = Monthly interest rate (10% / 12 = 0.8333% or 0.008333 as a decimal)

n = Number of periods (15 years * 12 months = 180 months)

Using these values, we can calculate the future value:

FV = 30000 * [(1 + 0.008333)^180 - 1] / 0.008333

Calculating this equation gives us the future value of your investment after 15 years without any risk:

FV ≈ 12,999,357 Rs

Therefore, by investing 30,000 Rs per month in an SIP for 15 years with a conservative average annual return of 10%, you could potentially accumulate approximately 12,999,357 Rs at the end of the investment period.