MF SIP: Invest 5 thousand rupees in this scheme for children's education, you can collect 25 lakhs in a few years

After the birth of children, parents start worrying about their education. In today's era of rising inflation, education has also become very expensive. In today's time, many institutes are taking lakhs of rupees from students. In such a situation, you should start financial planning for their education as soon as the children are born. In this episode, today we are going to tell you about a very great scheme, where you can collect a fund of more than Rs 25 lakh in a few years with a small investment of just 5 thousand rupees. In this, you have to invest by making a SIP in a mutual fund scheme. Mutual fund investments are subject to market risks. However, according to experts, you can get good returns in the long term from this area of ​​investment. Let's know -

To raise a large fund for the higher education of children, you will have to take the advice of an expert and make a SIP in a good mutual fund scheme. After making a SIP, you have to invest 5 thousand rupees every month in it.

You have to invest this 5 thousand rupees every month in a mutual fund scheme for a total of 15 years. While investing, you also have to expect that your investment will get an estimated return of 12 percent every year.

If the return is 12 percent every year as per your expectations, then after 15 years you will be able to raise about Rs 25,22,880 for the higher education of children. With the help of this money, you will be able to get your children admitted to a good institute.

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 determined by the behavior of the market.