Many people in the country like to invest their savings in small savings schemes or any FD scheme. It is worth noting that these areas of investment are not subject to market risks. However, you also get less returns from here. At the same time, considering the speed at which inflation is increasing in today's time, you should invest in a place from where you get good returns. If you want to get good returns on your savings, then you can invest your money in mutual fund schemes. The area of mutual fund investment may be subject to market risks. However, the possibility of getting good returns from this area of investment is quite high. In this episode, let us understand how you can collect Rs 27.5 lakh by investing just Rs 6 thousand?
For this, first of all you have to choose a good mutual fund scheme and make SIP in it. If you are going to invest in a mutual fund scheme for the first time, then you can choose a good mutual fund scheme by taking advice from an expert. After making a SIP in a mutual fund scheme, you have to invest 6 thousand rupees every month in it. You have to invest this 6 thousand rupees per month for the entire 15 years. LIC: This scheme of LIC is great, once you invest, you will get a pension of 12 thousand rupees every month for life
During the investment period, you have to expect that your investment will get an estimated return of 11 percent every year. If the return is as per your expectations, then in this situation you will be able to collect Rs 27.5 lakh at the time of maturity after 15 years. With the help of this money, you will be able to get the necessary work related to your future done.
Disclaimer: Money invested in mutual funds is subject to market risks. Before investing in it, take advice from experts. If you invest in mutual funds without information, in this situation you may have to face a big loss. The return on investment made in mutual funds is decided by the market behavior.
(PC: ISTOCK)
