If you want to get a good return by investing your savings money in a good place, then this news is especially for you. In this, you have to invest in a mutual fund scheme. In a mutual fund scheme, you can collect a very large fund by making small investments. Investment made in a mutual fund scheme is subject to market risks. The return you get on your money invested in it is more or less by the behavior of the market.
According to experts, mutual fund investment can give you good returns in the long term. In today's time, the pace of inflation is increasing rapidly, in such a situation you can invest in a mutual fund scheme. In this episode, let us understand the math of investment, with the help of which you can collect 32 lakh rupees by investing only 7 thousand rupees.
SIP will have to be made in a mutual fund by taking the advice of an expert
Here, first of all, you have to get a SIP made in a good mutual fund scheme by taking the advice of an expert. After making a SIP in a mutual fund, you have to save 7 thousand rupees every month from your income and invest it in it.
Investment has to be done for this much time
You have to invest 7 thousand rupees every month for the entire 15 years. During this time, keep in mind that you do not miss your monthly SIP amount. During this time, you also have to keep the hope that you get an estimated return of 11 percent annually on your investment.
You will have this much money after 15 years
If the return is as per your expectations, in this situation you will be able to collect Rs 32,12,003 at the time of maturity after 15 years. This money will work to fulfill your future financial needs.
(PC: Adobe stock)
