If you are planning to invest in a good scheme to secure your life financially after retirement, then this news is especially for you. Today we are going to tell you about a very wonderful scheme, where you can invest just ten thousand rupees and collect a fund of more than one crore rupees in a few years. In this, you have to invest in mutual funds. It is worth noting that mutual fund investments come under market risks. On the other hand, if you invest in this area of investment with a plan and prudence, then you can collect a good amount of funds from here. In this episode, let us understand the mathematics of investment from where you can collect 1.2 crore rupees in a few years by investing just 10 thousand rupees.
Suppose you are 35 years old and you select a good mutual fund scheme and make a SIP in it. After making a SIP, you have to invest 10 thousand rupees every month in it.
You have to make this investment of 10 thousand rupees per month for the entire 25 years. During the investment period, you also have to expect that your investment will get an estimated return of 10 percent every year.
If the return is as per your expectations, in this situation you will be able to collect a total of 1.2 crore rupees at the time of maturity after 25 years. That is, when you turn 60 years old, you will have more than one crore rupees. With this money, you will be able to live your life financially empowered.
Disclaimer: The money invested in mutual funds is subject to market risks. Before investing in it, definitely take the advice of experts. If you invest in mutual funds without information. In this situation, you may have to face a big loss. The return on investment made in mutual funds is determined by the behavior of the market.
(PC: ISTOCK)
