Mutual Fund SIP: If you want to invest in a good scheme for a long period of time, then this news is especially for you. Today we are going to tell you about a very great investment plan, where you can collect a big fund of Rs 85.7 lakh in a few years by investing just 5 thousand rupees a month. In this, you have to invest in a mutual fund scheme.
In today’s time, where the pace of inflation is increasing very fast. In such a situation, this area of investment can prove to be a great option for you. It is worth noting that mutual fund investments come under market risks. At the same time, if experts are to be believed, you can get a good return from here in the long term. In this episode, let us understand the mathematics of investment with the help of which you can collect a big fund of Rs 85.7 lakh by investing just 5 thousand rupees.
For this, after making a SIP in a good mutual fund scheme, you have to invest 5 thousand rupees every month in it. You will have to invest 5 thousand rupees every month for the entire 30 years.
During the investment period, you have to expect that your investment will get an annual return of 9 percent every year. If the return is as per your expectations.
In this situation, you will be able to collect a huge fund of Rs 85.7 lakh at the time of maturity after 30 years. This money received at the time of maturity will work to fulfill your financial needs in the future.
Disclaimer: Money invested in mutual funds is subject to market risks. Before investing in it, 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 market behavior.