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Investment Tips: Start investing in these schemes with just Rs 500 and earn funds worth lakhs, know the calculation.

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Investment Tips: There are many such schemes in which you can start investing with just Rs 500 and can create a fund worth lakhs of rupees. Know about some such schemes here-


Investment Tips: Whenever there is talk of investment, people think that they are talking about investing a huge amount. But it is not necessary that you invest big money only. You can invest anything according to your income. It is important that you continue this investment for a long time. If possible, keep increasing your investments as your income increases. There are many such schemes in which you can start investing with just Rs 500 and can create a fund worth lakhs of rupees. Know about some such schemes here-

SIP

You can invest in mutual funds through SIP. However, SIP is linked to the market and the market is considered risky. But SIP has seen very good returns in the last few years. This is the reason why the popularity of SIP has also increased rapidly in the last few days. Experts believe that an average return of 12 percent is available in SIP. In such a situation, people earn good profits through SIP in the long run. The good thing is that you can increase the amount invested in SIP anytime as per your capacity. This increases your profits even more.

If you calculate according to 12 percent, then if you invest even Rs 500 per month in SIP, then after 15 years, according to the 12 percent interest rate, you can take Rs 2,52,288 as maturity amount. And after 20 years the maturity amount will be Rs 4,99,574.

PPF

If you want a safe investment then PPF i.e. Public Provident Fund can be a profitable deal for you. This is a government scheme in which investment can be started with even Rs 500. It is necessary to invest a minimum of Rs 500 in it every year. In this scheme you get the benefit of compounding interest at the rate of 7.1 percent. This scheme matures in 15 years. If you deposit even Rs 500 every month, then you will have to deposit Rs 6000 annually. According to the PPF calculator, in 15 years you will add Rs 1,62,728 through this. Whereas if you continue this scheme for 5 more years, then you will accumulate Rs 2,66,332 in 20 years.

SSY

If you are the father of a daughter, you can also invest in Sukanya Samriddhi Yojana. This scheme is run by the government to secure the future of daughters. A minimum of Rs 250 and a maximum of Rs 1.50 lakh can be invested annually in this scheme. At present, interest is available in this scheme at the rate of 8.2 percent. Investment has to be made for 15 years and the scheme matures in 21 years. If you invest even Rs 500 every month in this scheme, your total expenditure will be Rs 90 thousand in 15 years. You will not make any investment between 15 and 21 years, but interest at the rate of 8.2 percent will continue to be added on your amount. On maturity you will get Rs 2,77,103.

Post Office RD

Post Office RD is also a better option. Post office RD is for 5 years. At present, interest is being given on it at the rate of 6.7 percent. You can start investing in Post Office RD with Rs 100. But if you deposit Rs 6000 annually at the rate of Rs 500 every month, then your total investment will be Rs 30,000, on which you will get Rs 5,681 as interest. On maturity you will get Rs 35,681.

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