We all worry about our future. However, due to lack of good financial planning, people are not able to accumulate a good amount of money in their post-retirement life. In such a situation, they have to face many problems at the financial level at this stage of their life. In such a situation, today we are going to tell you about a very wonderful investment plan, where you can collect funds of more than Rs 1 crore by investing just Rs 5,000. In this you will have to invest in mutual fund scheme. Mutual fund investments are subject to market risks. However, over the years many mutual fund schemes have given good returns to investors. In such a situation, you can invest here to secure your future. In this series, let us understand how you can collect Rs 1.4 crore by investing Rs 5,000. Let us know -
For this, you have to choose a good mutual fund scheme and make SIP in it. After making SIP, you have to invest Rs 5,000 every month.
You have to make this investment of Rs 5,000 per month for 30 years. During this period, you also have to expect that your investment will get an estimated return of 11 percent annually.
In such a situation, you will have around Rs 1.4 crore at the time of maturity. With the help of this money, you will be able to live your future life financially strong. You will not need to depend on any other person.
(PC: ISTOCK)
