If long term investments are made smartly and in the right way, then by the age of 60 years, a corpus of Rs 23 crore can be created very easily. But for this it is necessary to start investing at the right time.
In the changing times, a good fund at the time of retirement has become very important now. Even in most government jobs, now the pension is almost over. But if you invest in the right way, then your retirement can be much better. Also Read: IRCTC Alert! Cheated in the name of IRCTC, your bank account will be emptied due to one mistake
If long term investments are made smartly and in the right way, then by the age of 60 years, a corpus of Rs 23 crore can be created very easily. But for this it is necessary to start investing at the right time. Most of the investors invest in Monthly SIP of Mutual Funds but are not able to do it properly. Due to this, the income of the investors is not increased through SIP. Also Read: Xiaomi to provide financial services through partner in India
Right to start investing at the age of 25
According to tax experts, if an investor starts investing in SIP at the age of 25 and invests till retirement, then he invests continuously for the entire 35 years. This gives the investor the benefit of compounding interest. Due to this, a large fund gets ready at the time of retirement.
12 to 16 percent return possible
on investment According to another tax expert, one gets 12 to 16 percent return on investment after investing for 35 years. The investor has to prepare a corpus of 20 crores keeping in mind the inflation during and after the investment.
SIP of Rs 14500 crore per month is correct
According to tax experts, suppose if an investor starts a SIP of Rs 14500 crores per month at the age of 25 and invests in it till the age of 60 and gets an annual return of 12 per cent, then the investor will have a fund of Rs 22.93 crores. can do. SIP can make the investor rich at the time of retirement.
However, mutual funds depend on the market risk. Therefore, the selection of funds should be done very carefully. Choosing the right fund can give you good returns.
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com
