If you are planning to invest in a good place in the name of your daughter. In such a situation, this news is especially for you. Today we are going to tell you about a very wonderful scheme, where you can collect Rs 30 lakh by saving just Rs 3 thousand. Here you have to invest in mutual funds. Mutual funds are a great investment option. Over the years, many mutual fund schemes have given good returns to investors. It is worth noting that mutual fund investments are subject to market risks. Your money invested in it keeps fluctuating depending on the behavior of the market. According to experts, mutual funds give good returns to investors in long-term investments. Let us know about it in detail in this episode -
If you want to raise a good amount of money for your daughter's marriage or education. In such a situation, first of all, you have to make SIP in a good mutual fund scheme.
After making SIP, you have to invest three thousand rupees every month. You will have to make this investment of Rs 3,000 per month for 20 years.
During this period, you also have to expect that your investment will get an estimated return of 12 percent annually. In such a situation, at the time of maturity after 20 years, you will have around Rs 30 lakh. You can use this money for your daughter's marriage or education.
Disclaimer: Money invested in mutual funds is subject to market risks. Before investing in this, definitely 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)