Investment Tips: You must know that there are dozens of ways in this world to earn money. But if you ask 100 experts about these methods, 99 of them will tell you how to work hard. Today we will tell you how to become rich. But for this you have to maintain patience and discipline. Because if you are 20 years old. And if you follow both these rules properly. So by retirement you will have a lot of money, so that you can easily fulfill your dreams.

Only 500 rupees will have to be invested every month (Investment Tips)

If you also want to become Amir till retirement. So for this you have to deposit only 500 rupees every month through SIP in mutual funds, but keep in mind that you should never break this cycle. And for 40 consecutive years, 500 rupees will have to be kept in SIP every month and if you are successful in this. So a huge amount will be easily ready by the time of retirement.

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Know how much return you will get

If you start investing only 500 rupees every month through Systematic Investment Plan at the age of 20 years. So every year you will have to invest 6000 rupees and in this way for 40 years you will invest a total of 2.40 lakh rupees in it and if you get a return of about 12 percent every year on this investment. Because this return is easily available in mutual funds. So your total return till maturity will be Rs 57,01,210 i.e. at that time you will have total Rs 59,41,210.

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How much money will have to be invested in lump sum (Investment Tips)

Right now you have only seen the pot being filled with notes drop by drop. So imagine if you invest Rs 2.40 lakh in lump sum in mutual funds. So you will get such a return in 40 years, which you would not have even thought about, because on a lump sum investment of Rs 2.40 lakh, you will get a return of about Rs 2,20,92,233 at an interest rate of 12 percent and in this way, on maturity, you will have The total amount will be Rs 2,23,32,233.

Disclaimer:- Before investing in mutual funds, take advice from an expert because mutual funds are subject to market risks. That's why there is a possibility of loss in it.

Posted Date: August 31, 2023

Publish Date: August 31, 2023

Posted By Rahul Bhardwaj

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