Education plays a very important role in shaping the lives of children. In the modern era, when the world is entering the era of Artificial Intelligence many big changes are being seen at the global level. In such a situation, education is very important to remain relevant. However, today the fees of many big universities and educational institutions are in lakhs of rupees. At the same time, this fee will increase even more in the coming time. In such a situation, if a son or daughter has been born in your house recently and you want to collect money for their higher education, then this news is especially for you. Today we are going to explain to you a great method of investment, where you can collect a good amount of money for the education of your children in a long time by making small savings. For this, you have to invest in a mutual fund scheme. In this episode, let us know about it in detail -

You can get your SIP made in a good mutual fund scheme by taking advice from an expert. After getting the SIP made, you have to invest 4 thousand rupees every month in it.

You have to make this investment of 4 thousand rupees per month for the entire 20 years. During this time, expect to get an estimated return of 12 percent on your investment every year. If the return is according to your expectations, in this situation, you will be able to collect 40 lakh rupees at the time of maturity.

You can use this fund of Rs 40 lakh to provide higher education to your children. Apart from this, you can also use this money in the marriage of your son or daughter.

(PC: ISTOCK)