Best Investment Plan: The sooner the future planning is started, the more sensible it is. In the midst of changing lifestyle and increasing day-to-day expenses, it is important to be secure with the present as well as the future. That’s why you should keep planning for today as well as tomorrow.
Best Investment Plan: What have you planned for the future of you and your family. If you have not planned anything yet, then it needs to be addressed as soon as possible. You can also take advice from someone you know for investment. In this case, we are suggesting some things to you, if you want, you can take some ideas from this. It is good only when the investment is started.
Saving of just Rs 17 per day
Even if you make small investments every day, then it can create a big fund. We will tell you how you can make a large fund with small investment. We are telling you about the plan of 500 rupees per month. If you look at it on a daily basis, then it is around Rs 16.66 (Rs 17). Saving 17 rupees every day is not a big deal.
Good return on SIP
Initially, you can invest in mutual funds. With a SIP of Rs 500 a month, your dream of becoming a millionaire can be fulfilled. Let us know how a fund of Rs 1 crore can be prepared from Rs 500? You have to invest Rs 17 per day (Rs 500 per month) in mutual funds. In the last few years, mutual funds have given returns of 20 percent or more.
Will have to invest for 20 years
We told you that you have to invest Rs 17 every day i.e. Rs 500 in a month. By depositing this amount for 20 years, you deposit Rs 1.2 lakh. In 20 years, at a return of 15% annually, your fund will increase to Rs 7 lakh 8 thousand. If we talk about 20 percent annual return, then this fund will increase to Rs 15.80 lakh.
30 years investment will make crorepati
If you invest Rs 500 every month, you accumulate Rs 1.8 lakh in 30 years. Now if you get 20 percent annual return on this for 30 years, then your fund will increase to 1.16 crores. Investors get the benefit of compounding on Mutual Funds. It has the facility to invest every month. This is the reason why you can expect to get big funds on small amount of investment.
(Disclaimer: Investing in mutual funds is subject to risk. Please consult an expert before making any kind of investment.)
