If you are worried about your life after retirement and are planning to save a lot to secure it at the financial level, then this news is especially for you. Today we are going to tell you about a great investment plan, where you can collect a big fund of Rs 1.4 crore at the time of retirement by saving just 200 rupees. If your current age is 30 years, then you can invest in a mutual fund scheme to secure your future. Mutual fund investments may come under market risks. However, according to experts, the chances of getting returns from this area of investment are very high. In this episode, let us understand the math of investment with the help of which you can collect Rs 1.4 crore by saving just 200 rupees.
In this, first of all you have to get your SIP made in a good mutual fund scheme. After making a SIP, you have to save Rs 200 daily and invest Rs 6,000 every month in mutual fund SIP.
You have to make this investment for the entire 30 years. During the investment period, you also have to expect that your investment will get an estimated return of 10 percent annually.
If the return is as per your expectations. In this situation, you will be able to collect a large fund of about Rs 1.4 crore at the time of your retirement after 30 years. With the help of this money, you will be able to secure your future at the financial level.
Disclaimer: The money invested in mutual funds is subject to market risks. Before investing in it, definitely 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 determined by the behavior of the market.
(PC: ISTOCK)
