Investment Tips: Invest 400 rupees every day, buy a powerful SUV worth 10 lakhs in 5 years, understand the math of investment – investment tips by saving rs 400 daily you can accumulate a bank balance of rs 10 lakh
[ad_1]
Today we are going to tell you about one such method, through which you can accumulate a substantial fund of Rs 12 lakh in just 5 years. Explain that there is a good benefit of compounding in SIP. If you invest in SIP for long term then it will be a good option.
Create a fund of 10 lakhs in this way
If you want to add Rs 10 lakh, you have to save Rs 400 daily. You have to do this for 5 years. If you save Rs 400 daily, you will save around Rs 12,000 in a month. Suppose if you are getting an annual return of around 15% on SIP. If you maintain a SIP of Rs 12,000 every month for the next 5 years, you will accumulate a corpus of around Rs 10 lakh. There are also many such funds which have given returns of more than 15%.
Multibagger Stock: Amazing stock! ₹ 1 lakh investors get ₹ 12 crore, bumper bonus with 64000% return
You will get benefits from early investment
If you start investing in SIP from the age of 25, then you can easily accumulate a fund of Rs 10 to 12 lakhs at the age of 30. Explain that SIP is a systematic method of investment. However, there is no guarantee of returns in this and there is also risk. In such a situation, before investing in it, you must talk to your financial advisor once. If you do not do this, you may have to suffer financially.
[ad_2]
Source link
