Every parent dreams that they should marry their daughter with great pomp and there should be no shortage in her marriage. To make this dream come true, they start preparations many years in advance.
If you also want to marry your daughter with great pomp, then we have brought information about such a scheme for you which can end all your problems. In today’s time, there are many such schemes in which you can create a huge fund by investing. SIP (Systematic Investment Plan) is one such option in which you can get good returns by investing.
SIP is a very good option
If you want high returns, then Systematic Investment Plan (SIP) is a good option for you. You can get good returns in few years through SIP. According to the SIP calculator, if you invest 1000 rupees every month, then you can earn up to 20 lakh rupees in 20 years. This calculation has been done at an average interest of 12% per annum. For this, you can also invest at least Rs 500 every month.
To build a corpus of 50 lakhs in 7 years,
You need to invest Rs 40,000 every month. This calculation is assuming an average CAGR return of 12%. It has been observed that equities give better returns in the long run. By the way, if you want, you can start your investment with 100 rupees. But if you want to invest through SIP, then you have to invest Rs 500.
