If you understand the tricks of SIP in Mutual Funds, then it does not take much time for you to become a millionaire.
If you invest in the special formula mentioned in our news today, then you can get an amount of more than 10 crores by investing for 30 years. Before investing in mutual funds through SIP, you should keep one thing in mind.
Let us tell you that time is of great importance in this. If one keeps on investing a fixed amount every month, despite the ups and downs of the market, then the net asset value in his mutual fund keeps on increasing. By investing in this way, you can accumulate a huge corpus.
Know some investment formulas
first formula
There are some special formulas for investing in mutual funds, the first of which is 15*15*15. According to this formula, if you invest Rs 15000 every month for 15 years, then you will have accumulated an amount of about Rs 1.02 crore. This formula makes you rich in no time.
second method of investment
The name of the second formula of investment is 15*15*30. If you invest 15 thousand rupees every month according to this formula at the rate of 15% return for 30 years, then you will have a corpus of Rs 10.51 crore. During this you will invest 54 lakh rupees and the return will increase to 9.97 crores. The longer a person does SIP in mutual funds, the more benefit he gets.
5 years delay can cause big loss
If an investor starts investing at the age of 30, then it has a big impact on his investment. Suppose your age is 30 years at the time of starting investment, if you invest ₹ 5000 every month for 25 years, then you get 84 lakh 31 thousand 303 rupees at the time of maturity on the basis of 12% return. At this time your age will be 55 years.
If that investor started putting money in SIP from the age of 25, then his entire period would have been 30 years only. As per the records of the last 10 years, SIP has given a return of 15%.
The same we are telling you the maturity amount according to the average return of 12% only. In 30 years he will get Rs 1,52,60,066.
