If you want to invest in a scheme where you get excellent returns on your money. In such a situation, a mutual fund scheme is a great option. Although, this area of investment is subject to market risks, but the chances of getting returns from here are quite good. In the last few years, many mutual fund schemes have given good returns to investors. For this reason, most of the people in the country are investing their money in mutual funds. You can invest in mutual funds by making SIP. Apart from this, you also get the option of fixing the money once. Mutual fund investment is a great option for long-term investment. In this episode, let us know how you can collect Rs 2.2 crore at the time of maturity by saving Rs 4,000.
For this, you have to choose a good mutual fund scheme and make SIP in it. After making SIP, you have to invest 4 thousand rupees every month in that mutual fund scheme.
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You have to make this investment of 4 thousand rupees for a total of 30 years. Apart from this, you have to expect that you get an approximate return of 14 percent every year on your investment.
In this case, at the time of maturity after 30 years, you will be able to collect the entire Rs 2.2 crore. With the help of this money, you will be able to live your future life financially free.
Disclaimer: Money invested in Mutual Funds is subject to market risks. Take expert advice before investing in it. 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 the behavior of the market.
(PC: iStock)