Investment Tips: If you are not able to invest a huge amount, then you can start investing with only 500 rupees. There are many schemes in which you can invest even Rs 500 a month. How much will be the return on which scheme? Know the calculation.
Investment Tips: The word investment in itself seems so heavy that as if a huge amount of money is being talked about. If you are also afraid of this word, then now remove this thinking from your mind that investment is done only for big amount. If you want, you can start investing with only 500 rupees. Every person can easily withdraw 500 rupees a month. It is important that you maintain consistency in the matter of investment.
The better the investment and the longer it is for, the better its returns. There are many such schemes, in which if you invest even 500 rupees a month for a short period of time, you can add lakhs in a few years. Here on the basis of calculation, know in which scheme how much return you will get on 500 rupees a month.
SIP
You can invest in mutual funds through SIP. Although SIP is linked to the market and the market is considered risky. But very good returns have been seen in SIP in the last few years. This is the reason why the popularity of SIP has also increased rapidly in the last few days. Experts believe that an average return of 12 per cent is available in SIP. In such a situation, people earn a lot of profit through SIP in the long run. The good thing is that you can increase the amount invested in SIP anytime according to your capacity. This makes your profit more.
If you calculate according to 12 percent, then if you invest Rs. 500 per month in SIP, then after 15 years, according to the rate of interest of 12 percent, you can take Rs. 2,52,288 as maturity amount. Whereas after 20 years, the maturity amount will be Rs 4,99,574.
PPF
If you want a safe investment, then PPF i.e. Public Provident Fund can be a profitable deal for you. This is a government scheme in which investment can be started from Rs.500 only. It is necessary to invest a minimum of Rs 500 in it every year. In this scheme, you get the benefit of compounding interest at the rate of 7.1 percent. This scheme matures in 15 years. If you also deposit 500 rupees every month in this, then you will have to deposit 6000 rupees annually. According to the PPF calculator, in 15 years you will add Rs 1,62,728 through this. On the other hand, if you continue this scheme for 5 more years, then in 20 years you will get Rs 2,66,332.
SSY
If you are the father of a daughter, then you can also invest in Sukanya Samriddhi Yojana. This scheme is run by the government to secure the future of daughters. A minimum of Rs 250 and a maximum of Rs 1.50 lakh can be invested in this scheme annually. At present, interest is available at the rate of 8 percent in this scheme. Investment has to be made for 15 years and the scheme matures in 21 years. If you invest even 500 rupees every month in this scheme, then in 15 years you will spend a total of 90 thousand rupees. Between 15 and 21 years, you will not make any investment, but interest will continue to be added on your amount at the rate of 8 percent. You will get Rs 2,69,381 on maturity.
Post Office RD
Post Office RD is also a better option. Post office RD is for 5 years. At present, interest is being received on this at the rate of 6.5 percent. You can start investing in Post Office RD from Rs 100. But if you deposit Rs 6000 per annum at Rs 500 per month, then your total investment will be Rs 30,000, on which you will get Rs 5,498 as interest. You will get Rs 35,498 on maturity.
