Mutual Fund SiP: If you want to collect a good amount of funds through investment. In such a situation, today we are going to tell you about a very wonderful scheme. Over the years, many mutual fund schemes have given excellent returns.
It is to be noted that mutual fund investments are subject to market risks. The upheaval in the stock market has a direct impact on this area of investment. At the same time, the possibility of getting returns from this area of investment is also very good.
In such a situation, you can get good returns by investing in mutual funds. Many people in the country are investing here. In this episode, let us understand about the math of investment, with the help of which you can collect a fund of Rs 1.1 crore by saving just Rs 333. Let’s know how –
For this, you have to choose a good mutual fund scheme and save Rs 333 every day and invest Rs 10,000 in it every month.
You have to make this investment of Rs 10,000 for the whole 21 years. Apart from this, you have to expect that you get an approximate return of 12 percent every year on your investment.
In this case, after 21 years, you will be able to easily collect an amount of Rs 1.1 crore at the time of maturity. During the investment, you have to invest a total of Rs 25.2 lakh. At the same time, there will be a total return gain of Rs 88.7 lakh on your investment.
Disclaimer: Money invested in Mutual Funds are subject to market risks. Take expert advice before investing in it. If you invest in mutual funds without knowledge. In this situation, you may have to face a big loss. The returns on investments made in mutual funds are determined by the behavior of the market.
