SIP Investment: You can get up to Rs 1 crore by investing Rs 3,000 every month in SIP!
Investing in SIP in mutual funds should be started from an early age. When you reach a certain age you can enjoy your money without depending on anyone. Only Rs. By starting mutual fund investment with Rs 3000 you can earn more than Rs 30 crore after 30 years.
Anyone can earn.. but saving the earned money is a very difficult task. Saving money secures the future. Invest the right way. Only then you will get good returns in future. If you want to get better returns on your capital during retirement, then investing in mutual funds is a good option. Experts say that investing in mutual funds should be done as soon as possible.
Investing in this fund should be started from an early age. Some experts suggest investing in mutual funds as soon as you get your first job. You can get good returns by investing Rs 3 lakh every month. If you invest for 30 years in a SIP giving 12% returns, you will get returns of more than Rs. At the rate of Rs 3000 per month, your investment for 30 years will be Rs 10 lakh 80 thousand. The return on this will be Rs 95 lakh. That means you will take only one crore rupees.
The biggest advantage of mutual funds is that in this you get huge returns simultaneously. If you increase the investment of these three thousand by 10 percent every year, you will get more profits. That means, if you start with an investment of Rs 3000 per month, then next year you will have to increase it by Rs 300. That means Rs 3300 should be made. If you increase it by 10 percent every year, you will get higher returns.
Note: Returns of mutual funds are never the same. It depends on market fluctuations. Choose the right option while investing.