Suspense Crime Sach Ka Dam
For the better future of children, all parents save a part of their income and invest it. If you also want to buy your children’s dream home for their education, and marriage and are looking for a better investment option, then Mutual Fund SIP can be a great option for you. A lot of money can be made from SIP in the long term. Here we will know how you can start SIP with Rs 5000 and collect crores of rupees after 25 years.
The longer you run SIP, the greater the profit you will make
The longer the period for which SIP is run, the more profitable it is. The benefit of compounding in SIP gives more profit in the long run. To collect a fund of crores of rupees in 25 years, you can start SIP with just Rs 5000. But in this case, you will have to step up your SIP every year. Step-up means that you will have to increase the amount of your SIP every year.
A fund of crores of rupees will be created with a step-up of 10 percent
After starting an SIP with Rs 5000, if you do a step-up of 10 percent every year, then in 25 years you can make crores of rupees. Suppose you get an estimated return of 12 percent, then in 25 years, you will have a fund of Rs 2.13 crore. This includes your investment of Rs 59 lakh and an estimated return of Rs 1.54 crore.
Tax will have to be paid on returns received from SIP.
If you get an average return of 15 percent every year during this period, then in 25 years you can create a corpus of Rs 3.29 crore. But while investing in SIP, you have to take special care of some very important things. First of all, you have to keep in mind that there is a lot of stock market risk in SIP. Along with this, you also have to keep in mind that you will have to pay tax on the returns you get.
