In today’s time, adding money is not a big deal, just for this it is necessary to make the right investment strategy. Know here how you can add a big fund for yourself.
Investment Tips: Adding money is not a big deal, just for this you have to make the right investment strategy i.e. when, where and for how long your money can grow rapidly by investing. One more thing is said in the matter of investment that the sooner you start investing and the longer you do it, the better you will be able to add funds for the future.
Although there are many investment schemes available in today’s time, but if you want to make big profits in a short time, then Mutual Funds are considered to be a much better option. Despite being linked to the market, it is seen to get so much profit, which is not easily available in any other scheme. If you wish, you can add a substantial amount through this within a few years. Let us tell you how?
This is how you will get better returns
You can easily ‘start investing’ through SIP in Mutual Funds. Being linked to the market, it cannot be told how much return you will get in this. But most experts believe that if invested in mutual funds through SIP for a long time, it can give an average return of 12%, which is better than any other scheme. The longer you invest and the higher the amount, the better the fund you can accumulate.
Fund of 25 lakhs with an investment of 5000 rupees
According to SIP Calculator, you can deposit funds up to Rs 25 lakh every month through SIP of just Rs 5000. But for this you have to invest for at least 15 years. By investing Rs 5000 for 15 years, you will invest a total of Rs 9 lakh, but in return you will get a return of Rs 16,22,880 at the rate of 12%.
In this way, in 15 years, you can add up to Rs 9,00,000+16,22,880= Rs 25,22,880. If you continue this investment for 5 more years i.e. continuously for 20 years, then according to 12% return, you can easily add up to Rs 49,95,740. If the returns are better, then the profits can be even better.
