If you are going to invest rs per year for the next 20 years,
you will be earning roughly around 1,046,184.40 rs after 21 years.
This computation is based on a 2% sales load deducted for every 20,000 rs investment being made for 20 years.
the returns are just mere estimate of what you may be getting if the fund where you will invest in will give you an 8% per annum.
it will depend if you are going to place your investment every year either in stocks/equity fund or in a bond/fixed-income fund.
In equity fund,
you may be getting higher returns than this since equity funds are more volatile in nature.
On the other hand,
investing in a fixed-income fund will lead you to earn lower than what you may be getting in stocks because this kind of fund is more conservative in nature but consistently increasing in returns.