If you have started saving money now to give a new color to your daughter’s future. In such a situation, on this auspicious occasion of Diwali, you can invest your savings in a special scheme. Here you have to invest your savings in mutual funds. Mutual fund investment is subject to market risks. However, the chances of getting returns from this area of ​​investment are quite high. In this series, let us understand the mathematics of investment, with the help of which you can invest Rs 4,000 per month and collect a fund of Rs 34.5 lakh for your daughter’s marriage or education.

For this, first of all you have to select a good mutual fund scheme and make SIP in it. After making SIP, you have to invest Rs 4 thousand every month in it.

You have to make this investment of Rs 4 thousand per month for full 18 years. At the time of investing, you also have to expect that your investment will get an estimated return of 13 percent every year. In such a situation, you will easily be able to collect Rs 34.5 lakh at the time of maturity.

You will be able to use this money received at the time of maturity for your daughter’s marriage or her education. In such a situation, neither will you have to borrow from anyone nor will you need to be financially dependent on anyone for your daughter’s marriage and education. You will be able to fulfill all the important purposes related to your daughter with the help of this money.

Disclaimer: Money invested in mutual funds is subject to market risks. Before investing in this, definitely take advice from experts. 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 market behavior.

The post Mutual Fund SIP: Invest Rs 4,000 in this scheme, you can get Rs 34.5 lakh, know how? first appeared on Rightsofemployees.com.

You should start saving money for retirement only on the day your job starts. Actually, the sooner you start saving, the more money you will get till retirement. There are many investment options available to you for accumulating retirement funds like EPF, NPS, stock market, mutual funds, real estate etc.

The government is running many schemes

. To secure your retirement, the central government has made many schemes, where you can invest. If you are employed, then you must also think that when you retire, you will get a huge amount every month in the form of pension. But for this you have to invest from today itself, so that after 60 years your old age can be secure.

What is NPS Scheme

National Pension System (NPS) is a government pension scheme, which includes both equity and debt instruments. NPS gets a guarantee from the government. You should invest in NPS scheme to get higher monthly pension after retirement.

Income Tax Rebate

NPS Pension Scheme is a government scheme like Public Provident Fund (PPF), Employees Provident Fund (EPF), Sukanya Samriddhi Yojana etc. In this, any investor can also increase his monthly pension amount by making the right use of maturity amount. Through NPS, you can save tax up to Rs 2 lakh annually. You can save tax up to a maximum of Rs 1.5 lakh under Section 80C of Income Tax. If you invest in NPS, you will get an additional tax exemption of up to Rs 50,000.

You will get Rs 2 lakh monthly pension

, if you deposit Rs 5000 every month for 40 years in NPC, you will get Rs 1.91 crore. After this you will get 2 lakh monthly pension on investment of maturity amount. Under this, you will also get a monthly return of Rs 1.43 lakh and Rs 63,768 from the Systematic Withdrawal Plan (SWP). In this, a monthly pension of Rs 63,768 will continue to be received from the annuity till the investor is alive.

Monthly pension of Rs 63,768 in 20 years

If you invest Rs 5000 every month from 20 years to retirement, then you will get a lump sum maturity amount of 1.91 crores to 1.27 crores. After this, you can get a monthly pension of Rs 63,768 per month at Rs 1.27 crore with 6% return.

There are two types of NPS There are two types of NPS, NPS Tier 1, and NPS Tier-2. The minimum investment in Tier-1 is Rs 500 while in Tier-2 it is Rs 1000. However, there is no maximum limit for investment. There are three investment options available in NPS, in which the investor has to choose where his money will be invested. Equity, Corporate Debt and Government Bonds. With more exposure to equities, it also gives higher returns. Keep in mind that you should do any investment only after talking to your investment advisor.

The post NPS Pension: Now after retirement, you will get 2 lakh rupees pension every month, just make small investments like this first appeared on Rightsofemployees.com.

In fact, the sooner you start saving, the more money you will get till retirement. There are many investment options available to you for accumulating retirement funds like EPF, NPS, stock market, mutual funds, real estate etc.

The government is running many schemes . To secure your retirement, the central government has made many schemes, where you can invest. If you are employed, then you must also think that when you retire, you will get a huge amount every month in the form of pension. But for this you have to invest from today itself, so that after 60 years your old age can be secure.

What is NPS Scheme

National Pension System (NPS) is a government pension scheme, which includes both equity and debt instruments. NPS gets a guarantee from the government. You should invest in NPS scheme to get higher monthly pension after retirement.

Income Tax Rebate NPS Pension Scheme is a government scheme like Public Provident Fund (PPF), Employees Provident Fund (EPF), Sukanya Samriddhi Yojana etc. In this, any investor can also increase his monthly pension amount by making the right use of maturity amount. Through NPS, you can save tax up to Rs 2 lakh annually. You can save tax up to a maximum of Rs 1.5 lakh under Section 80C of Income Tax. If you invest in NPS, you will get an additional tax exemption of up to Rs 50,000.

You will get Rs 2 lakh monthly pension , if you deposit Rs 5000 every month for 40 years in NPC, you will get Rs 1.91 crore. After this you will get 2 lakh monthly pension on investment of maturity amount. Under this, you will also get a monthly return of Rs 1.43 lakh and Rs 63,768 from the Systematic Withdrawal Plan (SWP). In this, a monthly pension of Rs 63,768 will continue to be received from the annuity till the investor is alive.

Monthly pension of Rs 63,768 in 20 years

If you invest Rs 5000 every month from 20 years to retirement, then you will get a lump sum maturity amount of 1.91 crores to 1.27 crores. After this, you can get a monthly pension of Rs 63,768 every month at Rs 1.27 crore with 6% return.

There are two types of NPS There are two types of NPS, NPS Tier 1, and NPS Tier-2. The minimum investment in Tier-1 is Rs 500 while in Tier-2 it is Rs 1000. However, there is no maximum limit for investment. There are three investment options available in NPS, in which the investor has to choose where his money will be invested. Equity, Corporate Debt and Government Bonds. With more exposure to equities, it also gives higher returns. Keep in mind that you should do any investment only after talking to your investment advisor.

The post NPS Pension: Now after retirement, you will get 2 lakh rupees pension every month, just make small investments like this first appeared on Rightsofemployees.com.