Mutual Fund SIP: If you want to invest your savings in a good place, then this news is especially for you. Today we are going to tell you about a great math of investment, with the help of which you can save Rs 300 and collect a big fund of Rs 73 lakh in a few years. In this, you have to invest in a mutual fund scheme.
Mutual fund investments are subject to market risks. At the same time, according to experts, there is a high possibility of getting returns in the long term from this area of investment. In today’s era, the pace of inflation is increasing rapidly, so you can invest your savings in mutual funds. In this episode, let us understand how you can collect a big fund of Rs 73 lakh by saving just Rs 300?
For this, first of all you have to get a SIP made in a good mutual fund scheme. After getting a SIP made, you have to save Rs 300 daily and invest Rs 9 thousand in it every month.
You have to make this investment of Rs 9 thousand per month for the entire 20 years. During the investment period, you also have to expect that your investment will get an estimated return of 11 percent every year.
If the returns are as per your expectations, then after 20 years, you will be able to collect around Rs 73.4 lakh at the time of maturity. With this money, you will be able to fulfill important purposes related to your future.
Disclaimer: The money invested in mutual funds is subject to market risks. Before investing in it, definitely take advice from experts. If you invest in mutual funds without information, in this situation you may have to face a big loss. The return on investment made in mutual funds is decided by the behavior of the market.
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