Mutual Fund SIP: If you want to get financial independence in the future. So you need to invest wisely. In the coming time, the rate of inflation is going to be higher than today. In such a situation, to lead a financially independent life, you should start investing from today itself. Since the Corona epidemic in the country, people are investing extensively in cryptocurrencies, stock markets, and mutual funds. However, investing in these sectors carries a lot of exposure to market risk. At the same time, there is a lot of potential for getting returns after investing here. In this episode, today we are going to tell you about the scheme, in which you can deposit a fund of Rs 21 crore by investing 1 thousand rupees at the time of maturity. With this money, you can fulfill important objectives related to your future. Let us know about it in detail-
For this, you have to choose a good mutual fund scheme and invest 30 thousand rupees every month in it. In addition to this, you must assume that your investment will continue to generate an expected return of 15% annually.
That is if you save 1 thousand rupees daily and invest 30 thousand rupees in mutual fund SIP for the full 30 years at the end of every month. At the same time, you get an estimated return of 15 percent every year on your investment. In such a situation, you can raise the entire fund of Rs 21 crore at the time of maturity after 30 years.
You will be able to live a financially independent life with the help of this money. You can use this money for the marriage or education of your son/daughter. Apart from this, you can also fulfill your important future objectives with this money.
Disclaimer: Money invested in mutual funds is subject to market risk. Please consult experts before investing in this. If you invest in mutual funds without knowing it. You might suffer a significant loss in such a circumstance. The market’s actions determine the return on investment made in mutual funds.
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