If you are planning to invest in a good place for the long term. In such a situation, this news is especially for you. Mutual fund schemes can prove to be a better option for long-term investment. Although this investment option is subject to market risks. However, this sector is more likely to yield good returns over a longer period of time. In the past years, investors have gotten much better returns from here compared to FD or small savings schemes. In such a situation, you can collect a good amount of money from this area of investment. In this series, today we are going to tell you about the mathematics of investment, with the help of which you can collect Rs 45.6 lakh by investing Rs 2 thousand. Let us know about it in detail in this episode -
For this, you have to choose a good mutual fund scheme by taking advice from an expert. After that, after making SIP in that scheme, you will have to invest Rs 2,000 every month.
You have to make this investment of Rs 2 thousand per month for 30 years. During the investment period, you also have to expect that your investment will get an estimated return of 10 percent every year.
In such a situation, at the time of maturity after 30 years, you will get around Rs 45.6 lakh. With this money, you will be able to live your future 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)
