New Delhi: During the corona virus infection period, along with the general public, the business world suffered huge financial loss, as a result of which lakhs of people were fired. The situation is so bad that now everyone wants to earn money.
If you do not have employment and are willing to earn money then this news means a lot to you. You can easily earn big amount by making small investment. If long term investments are done smartly and in the right way, then by the age of 60 years, a corpus of Rs 23 crore can be created very easily, but for this it is necessary to start investing at the right time.
Most of the investors invest in the monthly SIP of mutual funds, but if they are not able to do it properly, due to this, the income of the investors through SIP does not increase.
At the same time, according to tax experts, if an investor starts investing in SIP at the age of 25 and invests till retirement, then he invests continuously for the entire 35 years. This gives the investor the benefit of compounding interest. Due to this, a large fund gets ready at the time of retirement.
According to another tax expert, if you invest for 35 years, you can get 12-16 percent return on investment. The investor has to create a corpus of 20 crores keeping inflation in mind during and after the investment.
According to tax experts, suppose if an investor starts a SIP of Rs 14500 crores per month at the age of 25. If one invests in it till the age of 60 years and gives an annual return of 12 percent, then the investor can create a fund of Rs 22.93 crore.
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