Investment Tips: Deposit Rs 5000 every month in this scheme and in a short time you will have a fund of more than Rs 72 lakh. Know the complete calculation.
Electricity is a very important thing in everyone’s life. People spend a significant part of their income while working. Because one can never tell when one might need money in life and when the answer is of no use, your savings come in handy. Many people invest in different places. Some invest in some government scheme. Some invest in the share market. Some deposit money in a bank by making FD. Different people invest in different places.
Today we are going to tell you about such a way of investment. Where by investing you can accumulate funds worth lakhs in just a few years. In this scheme, you have to deposit 5 thousand rupees every month. And you will get a return of more than 72 lakhs in just a few years. Mutual funds have become an excellent means of investment today. Crores of people in India invest in mutual funds. There are many mutual fund schemes available in the market. You can start investing in one of these by looking for a good scheme.
After this, you have to deposit 5000 rupees every month in that mutual fund. You have to make this investment for a full 28 years. So you have to expect that you keep getting an estimated return of 11% on this. Let us tell you that if you get returns at this rate on your investment in SIP of mutual fund, then after 25 years, Rs 72.5 lakh can be deposited in your fund. Which can be very useful for you in future.
However, let us tell you that the investment made in mutual funds is subject to market movements, so before investing in it, you must take advice from experts. If you invest without knowledge, then instead of profit, you may incur loss.
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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