Mutual Fund SIP: Many people in India want to secure the future of their family and that is why they are looking for a plan to invest their money in a good place where their money is safe and by the time the maturity date comes, they get a return of at least one crore rupees and also get guaranteed returns and many people get scared on hearing the name of the stock market, and they think that money gets lost by investing in the stock market, but friends, I would like to tell you that this does not happen at all.
If money was really lost by investing in the stock market, then would so many big people invest money in the stock market. There is definitely a little relief from risk in the stock market but the benefit is also more than that and if you invest your money in the right way, then the same money goes to you after a time by giving you a maturity amount of crores of rupees and you should always invest your money through Mutual Fund SIP and more information is going to be received about it.
What is the Mutual Fund SIP?
There are many schemes in Mutual Funds and you can invest your money in all those schemes through SIP. SIP means Systematic Investment Plan. In SIP, you invest a fixed amount like investing ₹ 500 every month and you continuously invest the money for a long time and then this money will give you a good maturity amount after some time.
Some examples will be given to you like if you invest ₹ 10000 every month in SIP for 10 followers, then in this way after 10 years your maturity amount is going to be around 27 lakh rupees and you can invest as much or less money as you want in a month through SIP and in this way many people are becoming millionaires.
How much benefit is there in Mutual Fund SIP?
Investors who invest money are given compound interest and a higher return is given on the amount deposited and due to this, an annual return of up to 15 percent is obtained.
Mutual Fund SIP provides the facility of investing money like a recurring deposit scheme and in this way you can deposit money every month. Mutual fund money is also invested in very risky places and hence you must keep the risk in mind while investing in mutual funds.
In how many years will you get one crore if you invest 3000 rupees in Mutual Fund SIP?
Under the mutual fund scheme, if you are investing ₹ 3000, then you will have to invest ₹ 3000 continuously for 27 years, only then you will get one crore rupees.
Conclusion
Complete information about Mutual Fund SIP has been given above and it has also been told when you can get the amount of Rs 1 crore and how much time will you have to wait to get Rs 1 crore.
