If you are saving from now for your daughter's marriage or her education. In such a situation, this news is especially for you. Today, through this news, we are going to tell you about a very wonderful scheme, where you can collect a total fund of Rs 20.2 lakh by saving just Rs 4 thousand per month. It is worth noting that many people in the country invest their savings in FD or any small savings scheme. However, these areas of investment do not give you good returns. You can secure your daughter's future by investing in mutual fund schemes. Over the years, many mutual fund schemes have given good returns to investors. In this series, let us understand the mathematics of investment with the help of which you can collect Rs 20.2 lakh by investing Rs 4 thousand.
For this, first of all, you have to make your SIP in a good mutual fund scheme. After making SIP, you have to invest Rs 4 thousand every month in it.
You have to make this investment of Rs 4 thousand per month for the full 15 years. During the investment period, you can expect an expected return of 12 percent per annum on your investment.
In such a situation, at the time of maturity after 15 years, you will have around Rs 20.2 lakh. With this money, you can marry your daughter. Apart from this, you can also use this money to provide higher education to your daughter.
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)
