If you are worried about your life after retirement. In such a situation, this news is especially for you. Today we are going to tell you about such a mathematics of investment, where by saving just Rs 2 thousand, you can collect a fund of more than Rs 1 crore after retirement. However, for this, you will have to invest in mutual funds. It is worth noting that mutual fund investment is subject to market risks. The returns you get on your money invested in it are determined by the behavior of the market. According to many experts, mutual funds are a good option for long-term investment. In this series, let us understand the mathematics of investment with the help of which you can collect a fund of Rs 1.3 crore by saving just Rs 2,000.
Suppose you make your SIP in a mutual fund at the age of 25. After making SIP, you have to invest Rs 2,000 every month. You have to make this investment of Rs 2 thousand per month for 35 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 35 years, you will have around Rs 1.3 crore.
By using this money received at the time of maturity, you can secure your future financially. Apart from this, with the help of this money, you will also be able to fulfill important purposes related to your future.
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)
