Mutual Fund SIP: Many people in the country keep their savings in the bank. However, it is not wise to keep savings in the bank. The speed at which inflation is increasing today is slowly eliminating the value of your money deposited in the bank.
In such a situation, if you want to get a good return on your savings, then today we are going to tell you about a very great investment plan. In this scheme, you can collect a big fund of Rs 72.7 lakh by investing just Rs 5 thousand.
In this, you have to invest in a mutual fund scheme. According to experts, mutual fund investment made for the long term can give you good returns. In this episode, let us understand the mathematics of investment with the help of which you can collect a big fund of Rs 72.7 lakh by investing just five thousand rupees.
For this, first of all you have to make a SIP in a good mutual fund scheme. After making a SIP, you have to invest five thousand rupees in it every month.
You have to make this investment of Rs 5,000 per month for a full 25 years. During the investment period, you also have to expect that you get an estimated return of 11 percent every year on your investment.
If the returns are as per your expectations, then after 25 years, you can collect a huge fund of about Rs 72.7 lakh at the time of maturity. This money will work to secure your future at the financial level.
Disclaimer: 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 huge loss. The return on investment made in mutual funds is decided by the behavior of the market.
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