New Delhi: Everyone Wishes That They Have At Least Enough Money That They Can Easily Meet Their Needs. Not Only This, Those Who Do Private Jobs And Are Not Getting The Benefit Of Pension, They Also Worry About Their Old Age.
To Overcome This Concern, People Also Make Safe Investments Along With Saving Money To Deal With The Financial Problems That Come In Old Age. In View Of These Problems Of Common People, Today We Are Going To Talk About A Special Investment.
Systematic Investment Plan ( SIP ) Is One Such Investment Plan Offered By Mutual Funds, In Which Even A Common Man Can Invest A Small Amount Of Money From Time To Time. Investments Can Be Made In It Monthly, Quarterly, Half Yearly And Annually. In This, Even Common People Can Deposit Money According To Their Convenience And Earn A Large Amount In A Long Period.
According To The Information, People Expect At Least 12 Percent Return On Investment For A Long Period. According To One Figure, If You Want To Become An Owner Of More Than Rs 5 Crore In 20 Years, Then You Will Have To Invest About Rs 17500 Every Month.
According To The Experts Of SIP Mutual Funds, For This, The Investor Should First Decide Both The Time And The Goal. These People Say That Accumulating Rs 5 Crore In 20 Years Through SIP Investment Is An Ambitious Target. For This, You Will Have To Deposit Money By Making Some Deductions In Your Monthly Budget. If Your Income Is Good Then There Is Nothing To Worry About.
According To The Mutual Fund Calculator, If An Investor Invests Every Month In Mutual Fund SIP. So Let’s Assume That He Has Got A Return Of 12 Percent. Even If The Investor Does A 15% Annual Stepup, He Has To Start With Rs 17500 Every Month. Due To Which You Will Be Able To Get A Matured Amount Of Rs 5.02 Crore In 20 Years.
