
News India Live, Digital Desk: Money Growth: In today’s era, everyone wants to save for the future – whether it is the education of children, their retirement, or buying a big house. But how to fulfill these dreams, when inflation is increasing and our income is limited? The answer is ‘Systematic Investment Plan’ i.e. SIP (SIP – Systematic Investment Plan)This is a magical way of converting small savings into large funds, which everyone should know about.
You will be surprised how a small, savings of every month can make you the owner of millions. Suppose you just every month ₹ 1,500 If we invest, then this figure can turn into crores, which is beyond your imagination! This is not a direct investment in the stock market, but a safe and systematic investment through mutual funds.
So how will ₹ 1500/month make a fund of ₹ 55 lakh? This is mathematics!
The real power of SIP is the magic of ‘Compound Interest’. In this, your money is not only available on the principal, but also gets interest on interest, due to which the money increases rapidly.
Suppose:
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You in sip every month ₹ 1,500 Let’s invest
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This investment you 20 years Continue to (240 months).
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And on average you 15% annual return Get (it is possible to get this return in the long term in mutual funds).
Then your money will increase like this:
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Total investment: ₹ 1,500 per month * 240 months = ₹ 3,60,000 (about ₹ 3.6 lakh)
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Estimated Maturity Amount: ₹ 55,19,144 (ie More than 55 lakhs!,
How much did you invest? Just ₹ 3.6 lakh! And how many did you get? More than ₹ 55 lakh! This is SIP’s ‘magic of crores’. Here your only At ₹ 3.6 lakh, profit of more than ₹ 51.5 lakh Happened!
Why is SIP the best investment way for ‘Aam Aadmi’?
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Start with less money: You can also be started with a small amount like ₹ 500, ₹ 1000 or ₹ 1500.
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Discipline teaches: Every month a fixed amount automatically deducts, causing you to get used to saving.
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Protects from market fluctuations: You invest at different times, which makes your purchase average when it is up and down on the market (called Rupee Cost Averaging).
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Long time big funds: As seen above, small investments can be converted into large funds.
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Can be stopped or removed anytime: You can stop investment or withdraw money according to your convenience (according to conditions).
This SIP is for all those who want to gain financial freedom, but who do not have great money at a time. SIP can be a ‘golden option’ to fulfill your future needs and dreams. Start your savings from today and experience the power of ‘compounding’!
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