Mutual Funds SIP is such a means of investment in which you do not even know when you invest and you get a huge amount on maturity. If old age is to be protected, then start doing SIP from now.
Deposit 100 rupees daily and on retirement you will get more than 2 crores.
Mutual Fund Investment: Smart investors are the ones who decide to secure their future in the present and start investing without delay. Another characteristic of smart investors is that they do not invest in different things, but invest in different ways.
If you also want to become a Smart Investor, then deposit only Rs 100 for your future on a daily basis. With this, you will have crores of rupees in old age. Investment experts say that if you want to keep the future safe, then invest in SIP i.e. Systematic Investment Plan. This is the best way to invest.
Deposit till the age of 60
As we know that SIP can be done in mutual funds also. In such a situation, if you do a mutual fund SIP for retirement, then after the next 25-30 years your retirement fund will be worth crores. If you start it even at the age of 30, then investors will keep depositing for their futures for the next 30 years. In this, there is a lot of benefit of compounding due to which a small amount becomes a large amount on maturity.
Deposit 100 rupees daily
According to the GROWW SIP calculator, if you deposit Rs 100 daily or Rs 3000 per month at the age of 30 and consider the average return rate to be 15%, then at the time of retirement at the age of 60, you will get a total of Rs 2.10 crore. The total deposit amount over 30 years would be Rs 10.80 lakh, while the return amount would be close to Rs 1.99 crore.
How big will the fund be according to the average return
If the average return rate is assumed to be 10 percent, then at the age of 60, a total of Rs 68 lakh will be available. 1 crore 5 lakh will be available on an average return of 12 percent. 1.32 crore on 13 per cent return, 1.66 per cent on 14 per cent and 2.66 crore on 16 per cent return, 3.37 crore on 17 per cent return and 4.30 crore on 18 per cent return.
Normal return of 12-16%
In a report published in Mint, Kartik Jhaveri, director of Transcend Consultants, says that if one invests in any mutual fund SIP for a long period of 30 years, then the average return of 12-16 percent will definitely be available. For now this amount looks very high but if inflation rate is included in it then it will be nothing.
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