By Admin 
SIP Investment: To accumulate a substantial savings in life, earning money alone is not enough. It is even more important to invest the earned money in the right place. It has been seen many times that people doing normal jobs or business have limited income. Despite this, they create wealth by investing long term and wisely. At the same time, some people are not aware of investment options and take wrong decisions regarding money.
Due to which they suffer financial loss. Therefore, before investing, you must get information about the investment options available in the market. So that you can get maximum returns on your investment. If you are looking for an option to invest small amounts and give good returns in the long run, then you should think about mutual fund SIP.
SIP in mutual fund
Doing SIP in mutual funds is considered right for those who are ready to invest for a long time. If you have a small amount and you invest a little every month, then through SIP you can collect a good amount in the long term. The most special thing about SIP in mutual funds is that you can start your SIP journey with a small investment of Rs 250 to 500.
Market experts believe that SIP in mutual funds can give annual returns of up to 12 percent. However, this investment is subject to market risks, so one should not be afraid of market fluctuations. You can benefit from long term investment.
A fund of Rs 1.59 crore can be created with a monthly SIP of Rs 2000.
With a monthly SIP of Rs 2000, you can create a fund of Rs 1.59 crore. For this you will have to continue investing for 30 years and increase the investment at the rate of 10 percent every year. If you start investing early then this goal can be achieved.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
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