Mutual Fund Scheme: Invest 15 thousand rupees every month, you will become a millionaire in twenty years
Many types of investment plans are running in the country. Today we are going to give you information about a plan, through which you can become a millionaire just five years before retirement. Today we are going to give you information about a mutual fund scheme. By investing in this you can save a huge amount for the future.
For this, you will have to make a SIP for a mutual fund scheme. If you make SIP in a good mutual fund scheme at the age of 35, then you will have to invest Rs 15,000 every month to accumulate a huge amount. You pay this amount every month for 20 years.
With this investment, you can expect to get an estimated return of 12 per cent annually. After 20 years, your age will be 55 years at the time of maturity. If everything goes well then at the time of maturity a fund of about Rs 1.5 crore will be accumulated for you. As mutual fund investments are subject to market risks you should seek expert advice before investing.
This amount will be very useful for you at the time of retirement. You can accomplish many of your tasks with this amount. This amount will prove to be very useful for your better future. You should make a plan to invest in it today itself. This amount will also prove useful for your children.