If you want to accumulate a big fund by investing for a long time. In such a situation, you should invest in a good place. Many people in the country look for safe investment options where they do not have to face any kind of market risks. However, the returns on these investment platforms are not high. If you want to invest by taking some calculated risk. In such a situation, you can invest in mutual funds. However, to invest in this sector, you must have good financial understanding. If you are new, you can take help from an expert. In this series, today we are going to tell you about the mathematics of investment, with the help of which you can invest Rs 2,000 and collect a total of Rs 1.1 crore at the time of maturity. Let us know -
For this, first of all, you have to select a good mutual fund scheme. After this, you have to make SIP in it. After making SIP, you will have to invest two thousand rupees in it every month.
You have to make this investment of two thousand rupees for 36 years. Expect your investment to generate an annual return of 11 percent every year over the investment period.
In such a situation, you will be able to collect a total of Rs 1.1 crore at the time of maturity after 36 years. The thing to note is that in the investment period of 36 years, you will have to invest a total of Rs 8.6 lakh. There will be a total wealth gain of Rs 1 crore on your investment.
Disclaimer: Money invested in mutual funds is subject to market risks. Before investing in this, definitely 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)
