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SSY Vs SIP: Which is better SSY or SIP for investing in daughter’s name, understand the complete mathematics.

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SSY Vs SIP: Which is better SSY or SIP for investing in daughter's name, understand the complete mathematics.

SSY Vs SIP: Are you also worried about your daughter’s future and wondering where to invest to secure your daughter’s financial future? At present, many schemes are being run in the market, but people have questions about where to invest, which option will be better and which one will not. Besides, the Government of India is also running many types of investment schemes. So let us know today which plan is better for you. Know the complete mathematics regarding investment…


New Delhi: As soon as daughters are born, parents worried about their future start saving in their name. If you are also thinking about investing in your daughter’s name, then you have two great options for this. Firstly, through Sukanya Samriddhi Yojana, you can invest money in Guaranteed return scheme , secondly, you can invest in market linked mutual funds through SIP . Know where and how much return you will get. Read the news in detail for the complete mathematics of its generation.

The government runs Sukanya Samriddhi Scheme (Sukanya Samriddhi Scheme 2024) for the secure future of daughters . 8.2 percent interest is available in this scheme. Minimum Rs 250 annually and maximum Rs 1.5 lakh can be deposited in this scheme. This scheme matures in 21 years and in this scheme, parents have to deposit money in the name of the daughter for 15 consecutive years. Parents of daughters up to 10 years of age can invest in this scheme and can add a good amount of funds through the scheme. This scheme is very good for those parents who believe in a guaranteed return scheme .

But if you can take a little risk, then you can also invest in Mutual Funds for your daughter through SIP. Since it is market linked, you cannot be guaranteed security in it, but you can deposit a huge fund through it in 21 years. Let us tell you how much return you will get by depositing Rs 5000 per month in Sukanya Samriddhi Yojana (SSY) and what will you get if you start a SIP of the same amount?

SSY returns on depositing Rs 5000 every month

If you invest Rs 5000 every month in Sukanya Samriddhi Yojana, then Rs 9,00,000 will be invested in 15 years. After this, the parents will not have to invest in this scheme, but that amount will be kept locked. The scheme will mature after 21 years. If we look at 8.2 percent interest, then Rs 18,71,031 interest will be available on this scheme and Rs 27,71,031 will be available on maturity.

How much return from monthly SIP of Rs 5000

If you invest Rs 5000 every month in mutual funds through SIP, then in 15 years you will invest Rs 9,00,000 here also. The average return on SIP is considered to be 12 percent. In such a situation, if you calculate according to 12 percent, then in 15 years you will get interest of Rs. 16,22,880 on investment of Rs. 9 lakh and if this amount is withdrawn in 15 years itself, then you will get Rs. 25,22,880, which is Sukanya Samriddhi ( The returns on SSY) are around the same as in 21 years.

If you continue this investment plan for 1 more year i.e. instead of 15 you invest in it for 16 years, then at the rate of 12 percent you will get Rs 29,06,891, which is the same as the old Sukanya Samriddhi Yojana (SSY). Much more than returns. If you continue this investment continuously for 21 years, then you can get up to Rs 56,93,371 through SIP. Whereas in 21 years your total investment will be Rs 12,60,000. That means you will get only Rs 44,33,371 as interest on investment.

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