Best Investment Plan: The sooner you start planning for the future, the wiser it is. In the midst of changing lifestyles and rising day-to-day expenses, it is important to safeguard the present as well as the future. That’s why you should keep planning for today as well as for tomorrow.
Best Investment Plan: What do you have planned for the future of you and your family. If you haven’t planned anything yet, it needs to be addressed as soon as possible. You can also take advice from someone you know for investing. In such a situation, we are suggesting some things to you, if you want, you can take some ideas from it. It is good only when the investment is started.
Save only Rs 17 per day
Even if you make small investments every day, it can make a huge corpus. We will show you how you can make a big corpus from small investments. We are telling you about the plan of Rs 500 per month. On a daily basis, it is around Rs 16.66 (Rs 17). Saving Rs 17 a day is not a big deal.
Good Return on SIP
Initially, you can invest in mutual funds. Your dream of becoming a millionaire can come true with a SIP of Rs 500 a month. Let us know how to create a fund of Rs 500 to Rs 1 crore? You have to invest Rs 17 per day (Rs 500 per month) in mutual funds. Mutual funds have given returns of 20 percent or more in the last few years.
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We will have to invest for 20 years
We told you that you have to invest 17 rupees every day. 500 rupees in a month. By depositing this amount for 20 years, you accumulate Rs 1.2 lakh. In 20 years, your fund will increase to 7 lakh 8 thousand rupees at a return of 15% per annum. If we talk about a 20 percent annual return, then this fund will increase to Rs 15.80 lakh.
Millionaires will invest 30 years
If you invest Rs 500 every month, you accumulate Rs 1.8 lakh in 30 years. Now if you get a 20 percent annual return on this for 30 years, then your fund will grow to 1.16 crores. Investors get the benefit of compounding on mutual funds. It has the facility to invest every month. This is the reason why you can expect to get big money on investment of a small amount.
