If you are looking for a good scheme for long-term investment. In such a situation, today we are going to tell you about a very wonderful scheme. Here you have to invest in a good mutual fund by making SIP. Mutual Fund investments are subject to market risks. It is the behavior of the market that determines the return on your investment. Over the years, many mutual fund schemes have given excellent returns. Mutual Fund is a great scheme for investment. In such a situation, if you want to collect a fund of Rs 68.4 lakh by saving Rs 100. In this episode, today we are going to tell you about that math, with the help of which you can collect a total of Rs 68.4 lakh by saving Rs 100. Let's know -
For this, you have to invest Rs 3,000 every month in a good mutual fund SIP by saving Rs 100 daily. You have to make this investment for a total of 30 years.
Apart from this, you also have to expect that you get an approximate return of 10 percent every year on your investment. In this situation, you can easily collect Rs 68.4 lakh after 30 years.
With the help of this money, you will be able to live your future life financially independently. In such a situation, you will not need to be financially dependent on any other person.
(PC: iStock)