If you want to invest your savings money in a good place, then this news is especially for you. Today we are going to tell you about a great math of investment, with the help of which you can save Rs 300 and collect a big fund of Rs 73 lakh in a few years. In this, you have to invest in a mutual fund scheme.
Mutual fund investments come under market risks. At the same time, according to experts, there is a high possibility of getting returns in the long term from this area of investment. In today's era, the pace of inflation is increasing rapidly, so you can invest your savings in mutual funds. In this episode, let us understand how you can collect a big fund of Rs 73 lakh by saving just Rs 300?
For this, first of all you have to make a SIP in a good mutual fund scheme. After setting up a SIP, you have to save Rs 300 daily and invest Rs 9,000 every month.
You have to invest this Rs 9,000 per month for 20 years. During the investment period, you also have to expect that your investment will get an estimated return of 11 percent every year.
If the return is as per your expectations, then you will be able to collect around Rs 73.4 lakh at the time of maturity after 20 years. With this money, you will be able to fulfill important purposes related to your future.
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