According to astrologers, this time on August 30, after 9 p.m., the auspicious time of Raksha Bandhan will be observed. However, there is no law to celebrate Rakhi at night. For this reason, Raksha Bandhan will be celebrated on 31 August. In such a situation, if you are planning to give a gift to your sisters on this festival of Raksha Bandhan. In such a situation, this news is especially for you. You can gift Mutual Fund SIP to your sister this Raksha Bandhan. This is a special kind of financial gift, which will not only secure your sister's future, but will also ensure that she will never face any financial problems in her life. On this special occasion of Rakshabandhan, you can start investing for a few years by making a SIP in mutual funds in the name of your sister.
If you invest for a few years by making an SIP of even Rs 2,000, then at the time of maturity you can collect a fund of lakhs of rupees for your sister. Let's know about it in detail -
For this, you have to choose a good mutual fund SIP every month and invest Rs 2,000 in the name of your sister. You will have to make this investment for the full ten years.
Apart from this, you have to expect that you get an approximate return of 12 percent every year on your investment. In this case, you will be able to collect the entire Rs 4.6 lakh fund for your sister at the time of maturity. This money will serve to financially secure your sister's future.
(PC: iStock)
