Investment Tips: By investing just 7 thousand rupees, you can collect about 2 crore rupees in a few years, know how
If you want to invest your savings in a place where you get good returns and you can raise a good amount of money in the long term, then this news is especially for you. Today we are going to tell you about a very great scheme. Here you can become a millionaire by investing just 7 thousand rupees a month. In this, you have to invest in a mutual fund scheme. It is worth noting that mutual fund investments come under market risks. However, from this area of investment, you are more likely to get good returns in the long term. Many people in the country give first priority to mutual funds for investment. In this episode, let us understand the mathematics of investment with the help of which you can collect a fund of more than 2 crore rupees in a few years by investing just 7 thousand rupees.
For this, first of all you have to make a SIP in a good mutual fund scheme. After making a SIP, you have to invest Rs 7,000 every month in that mutual fund scheme.
You have to make this investment of Rs 7,000 per month for the entire 30 years. While investing, you also 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 you will be able to collect around Rs 1,98,11,595 at the time of maturity after 30 years. This money will work to empower you financially in the future.
Disclaimer: The money invested in mutual funds is subject to market risks. Before investing in it, definitely take the advice of experts. If you invest in mutual funds without information, then in this situation you may have to face a big loss. The return on investment made in mutual funds is decided by the behavior of the market.