In today's modern era, many investment options are available to you. If you want to make safe and guaranteed investments without market risks. In such a situation, you can invest in the FD scheme of banks or any government savings scheme. Whereas if you want to invest by taking some calculated risk. In such a situation, the option of stock market and mutual funds is open to you. It is worth noting that there is a risk of market risks in these areas of investment. In such a situation, if you are a new investor and do not have a good understanding of the market. In this situation, you should invest in these areas only on the advice of experts. In this series, today we are going to tell you about the mathematics of investment, where you can collect a total of Rs 84.9 lakh by saving Rs 100. This may sound strange but it is possible in the world of investing.
For this, you will have to select a good mutual fund scheme and make SIP in it. After making SAP, you have to save Rs 100 daily and invest Rs 3 thousand in that mutual fund every month.
You have to make this investment for a full 30 years. During this period, you also have to expect that you will get a potential return of 11 percent on your investment every year.
If this is possible, then you will be able to collect a total fund of Rs 84.9 lakh at the time of maturity after 30 years. With this money, you will be able to live your life completely financially independent.
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)