Utility News Desk!!! We are all worried about the future. However, due to lack of proper financial planning, people are not able to accumulate a good amount of money till their post-retirement life. In such a situation, they have to face many types of problems at the financial level at this stage of life. So, today we are going to tell you about a very wonderful investment plan, where you can collect funds of more than Rs 1 crore by investing just Rs 5,000. In this you will have to invest in mutual fund scheme. Mutual Fund investments are subject to market risks. However, many mutual fund schemes have given good returns to investors over the years. So you can invest here to secure your future. In this episode, let us understand how you can raise Rs 1.4 crore by investing Rs 5,000. let’s find out –
For this you will have to choose a good mutual fund scheme and do SIP in it. After doing SIP, you will have to invest Rs 5,000 every month. You will have to invest this Rs 5,000 per month for 30 years. During this period, you will also have to expect that your investment will get an estimated return of 11 percent annually.
In such a situation, at the time of maturity you will have around Rs 1.4 crore. With the help of this money, you will be able to live your life financially strong. You will not need to depend on any other person.
