As easy as investing in SIP is, it is difficult to find out which SIP is the most suitable for you. For this you need to be smart. So that you can earn crores of rupees by investing in the long term.
Sometimes want to become a smart investor, but many people do not know about where to invest and how to invest so that they can become the owner of crores of rupees in the long term. For this you need to invest at a young age. So that you can start some of your business by the age of 40 to 45 years or you can save the life of your children with those money. Hence, there is a need to invest in SIP. With which you can earn crores of rupees at the age of 20.
Knowing in this case, it is said that PPF, FD or other investment schemes cannot collect crores of funds in 20 years. For this you need to be smarter than smart. If you invest regularly in the long term through SIP, then you can achieve your goal. All you need is to find that SIPper from which you can raise a good amount of funds and achieve all your goals. Let us also tell you how you can create a fund of one crore rupees in 20 years.
The way inflation is increasing continuously, every person is busy in planning for the future of himself and his children. For this you need financial planning for yourself. In such a situation, if you are trying to collect a fund of more than one crore rupees in 20 years, then SIP is a best option. Where should you invest in SIP? In fact, there are many such options in SIP in which you can invest one crore rupees by investing in the long term. These SIPs give you 12 to 15 percent returns annually.
You can deposit one crore in this way: If you invest 10 thousand rupees every month, which becomes 1.20 lakh rupees annually. The tenure of investment is 20 years and if you get an estimated 12%, then you will invest a total of 24 lakhs. That is, you will get a profit of 76 lakh rupees. That is, you can create a fund of Rs 1 crore by investing Rs 333 every day.
- You can invest in these SIPs: – Tata Large & Mid Cap Fund was started in March 1993, in which annual returns have been more than 12.5%.
- UTI Mastershare Fund has been giving 18% annualized returns since October 1986.
- SBI Large & Mid Cap Fund is giving 14.87% annualized returns since its launch in February 1993.
- Nippon India Growth Fund was started in 1995 and has given 15 per cent annualized returns since then.
- Franklin India Prima Fund was started in December 1993 and has given returns of 19 per cent since then.
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