If you invest wisely and plannedly. In such a situation, you can collect a good amount of funds in a short time. Today, many investment options are available to you. There are many investment plans where you do not have to face the dangers of market risks. There are many such investment schemes where there is a risk of market risks but the chances of getting returns are also high. In such a situation, if you want to invest somewhere for the long term, then you can invest in mutual fund scheme. In this you can raise funds worth crores of rupees by investing for a long period. In this series, let us understand the mathematics of investment, where you can collect a huge amount of Rs 1.8 crore by investing Rs 5,000.
For this, first of all, you have to choose a good mutual fund scheme and make SIP in it. After making SIP, you have to invest five thousand rupees every month.
You have to make this investment of five thousand rupees for 30 years. During this period, you also have to expect that your investment will get an estimated return of 12 percent every year.
In this situation, at the time of maturity after 30 years, you will be able to collect the entire amount of Rs 1.8 crore. This money will work to secure your future and you will be able to live your life financially free.
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)
