You need to have patience while investing in mutual funds. In this connection, let us understand the mathematics of investment, with the help of which you can raise a huge fund of Rs 76 lakh in a few years by investing Rs 10 thousand.
If you want to invest in a scheme for a long period of time, where you keep getting good returns. In this situation, today we are going to tell you about a very great investment plan. Mutual fund investment can prove to be a good option for you to get good returns in the long term. Mutual fund scheme investments are subject to market risks. However, according to experts, you can get good returns from here by investing in the long term. You must have patience while investing in mutual funds. In this connection, let us understand the mathematics of investment, with the help of which you can raise a big fund of Rs 76 lakh in a few years by investing Rs 10 thousand.
To raise a large fund of Rs 76 lakh, first of all you have to choose a good mutual fund scheme and make a SIP in it. You can take the help of an expert to choose a mutual fund scheme.
After creating a SIP, you have to start investing 10 thousand rupees every month in it. You have to continue investing 10 thousand rupees every month for 20 years. While investing, expect to get an estimated return of 10 percent every year.
If you get an estimated return of 10 percent every year on your investment for 20 years, then you will be able to raise a fund of about Rs 76,56,969 at the time of maturity. With the help of this money, you will be able to fulfill many important purposes in your future.
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, then in this case you may have to face a big loss. The return on investment made in mutual funds is determined by the behavior of the market.
