A good investment can garner huge funds for you in a short period. Most of the people in the country look for a good scheme to secure their future. When it comes to investment. In such a situation, most people look for a safe investment plan. It is worth mentioning that we do not get much return from the safe investment scheme. If you want to get a good return on your investment. In such a situation, you can invest in mutual funds. It is to be noted that this area of investment is subject to market risks. However, there is a good possibility of getting returns from here. In this episode, let us understand investment math, with the help of which you can collect Rs 1.3 crore by investing Rs 2,000.
For this, you have to choose a good mutual fund scheme and invest Rs 2,000 every month in it. You have to make this investment of two thousand rupees for the whole 35 years.
Apart from this, you have to expect that you get an approximate return of 12 percent every year on your investment. In this case, you can easily collect Rs 1.3 crore at the time of maturity.
With the help of the money received at the time of maturity, you will be able to live your life financially independently. You can use this money for the education of your children or even 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)
