Mutual Fund: Get a hefty amount of Rs 68.4 lakh by saving Rs 100
| Aug 21, 2023, 15:42 IST
Many people prefer to invest in mutual funds. You can also invest in a good mutual fund by making an SIP. By investing in mutual funds, you can get a whopping amount of Rs 68.4 lakh by saving Rs 100. You can accumulate a total of Rs 68.4 lakh by saving only Rs 100 per day.
Under this, you will have to invest Rs 3,000 per month in a good mutual fund SIP. You have to invest for a total of 30 years to get a whopping amount of Rs 68.4 Lakhs.
Apart from this, it is expected that you will get an approximate return of 10 percent per annum. In this case, you can easily get Rs 68.4 lakh after 30 years. However, before investing in mutual funds, you must take advice from an expert.