Everyone wants to be financially prosperous. Although earning money is easier than it looks, for this you must have a good financial understanding. If you do not have a good financial understanding. In such a situation, you may have to face many problems in collecting a big fund. In this episode, today we are going to tell you about a very special type of 13 13 13 formula. If you invest with the help of this formula. In this case, you can collect a huge corpus of Rs 53 lakh at the time of maturity. In this episode, let us understand through this news what is the 13 13 13 formula and how a fund of Rs 53 lakh can be collected with the help of this formula. Let's know -
For this, first of all, you have to make your SIP in a good mutual fund scheme. After that, you have to invest 13 thousand rupees in it every month.
Apart from this, you have to expect that you get an approximate return of 13 percent every year on your investment.
That is, if you invest 13 thousand rupees every month for the whole 13 years and if you get 13 percent interest annually on your investment. In this situation, you will easily be able to collect a fund of Rs 53 lakh at the time of maturity. You can use this money for your children's education or for their marriage.
Disclaimer: Money invested in Mutual Funds is subject to market risks. Take expert advice before investing in it. 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 the behavior of the market.
(PC: iStock)
