If you are planning to invest in any scheme for the long term. In such a situation, today we are going to tell you about a very wonderful scheme. Here you have to invest in a mutual fund scheme. Mutual fund investments are subject to market risks, but the return potential is also higher. In the last few years, many mutual fund schemes have given good returns to investors. In such a situation, many people are now preferring to invest their money in mutual funds. If you want to secure your future, this can be a good option for you. Here you can invest more than Rs 1 crore at the time of maturity by investing through SIP. In this series, let us understand the mathematics of investment where you can collect a fund of Rs 1.1 crore by saving just Rs 3,000. Let us know -
For this, you will have to make a SIP in a good mutual fund scheme and invest Rs 3,000 every month in it. You have to make this investment of Rs 3,000 per month for 30 years.
During this period, you should expect to get an estimated return of 12 percent every year on your investment. If this happens. In this situation, you will have a total of Rs 1.1 crore at the time of maturity.
With this money, you will secure your future financially. Along with this, other important purposes will also be easily fulfilled.
Disclaimer: Money invested in mutual funds is subject to market risks. Before investing in this, 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.
(PC: iStock)