If you are very worried about your life after retirement and want to secure it, then today we are going to tell you about a very great plan. By investing here, you can secure your future at the financial level. In this, you have to invest in a mutual fund scheme. Mutual fund investments are more risky than FD or small savings schemes. However, this area of investment has given very good returns in the past years. If you also want to collect a fund of more than one crore rupees by saving 8 thousand rupees, then today we are going to explain to you the mathematics of this investment. Let's know how you can collect such a big fund.
For this, first of all, you have to choose a good mutual fund scheme. If you are going to invest here for the first time, then definitely take the advice of an expert to choose a good mutual fund scheme.
After selecting the mutual fund scheme, SIP has to be made in it. After making a SIP, you have to invest Rs 8,000 every month here.
You have to make this investment of Rs 8,000 per month for the entire 25 years. Apart from this, you have to expect that your investment will get an estimated return of 10 percent annually. In this situation, you will be able to easily collect Rs 1.1 crore at the time of maturity after 25 years. This money will secure your future at the financial level.
Disclaimer: The money invested in mutual funds is subject to market risks. Before investing in it, take the advice of experts. If you invest in mutual funds without information. In this situation, you may have to face a big loss. The return on investment made in mutual funds is decided by the behavior of the market.
(PC: ISTOCK)
