SIP Investment: You can get a fund of Rs 15 lakh by saving Rs 100 daily in SIP, know here how.
With Mutual Fund SIP, you can create a big fund by investing your small savings.
In mutual fund SIP, one can easily get an average return of 12 percent in the long term.
You can create a fund of Rs 15 lakh here even by saving Rs 100 daily.
You will have to do SIP of Rs 3000 per month. With this, you will create a fund of ₹ 15,13,728 in 15 years.
Your investment in a fund of ₹15,13,728 would be worth ₹5,40,000. At the same time, there will be interest income of ₹ 9,73,728.