New Delhi (SBI Mutual Fund). There are many people who do not have a lot of money, but they still want to invest. If you also want to invest in less money, then we will tell you about such a scheme through this post.
In which you can invest 1000 rupees per month and get a return of thousands of rupees in no time. There are many such mediums in the market like bank deposit, gold property, bank scheme, LIC policy, you can invest your money in this and earn money from money. But you get very less interest on all these investments. If you invest money in mutual funds as compared to these investments, you can earn much more money than these investments.
Get 70 lakh rupees from 1000 rupees monthly investment
More recently, State Bank of India has launched SBI Balance Advantage Mutual Fund, in which you can earn very well in the long run by investing 1000 rupees monthly. Explain that this fund of SBI is a balance fund, due to which the risk is less in it. This fund has the potential to give you returns of 15% in future. If you invest 1000 rupees every month in this fund, then in future you get a return of 15% on this fund.
You will deposit ₹ 120000 in 10 years and the value of your money will be ₹ 2,78,657. If you start investing ₹ 1000 every month like this, then in 20 years your ₹ 240000 will be deposited and the value of your money will be Rs 15,15,955. The same if you deposit 1000 rupees for 30 years then ₹ 360000 will be deposited and the total value of your money will be 70,09,821 rupees.
These documents are required for investment
- Aadhar card (mobile number should be linked)
- Pan Card
- Bank Proof
- Signature
- Live Photo
- Nominee Aadhar Card
