New Delhi. People who are employed usually find their earnings less. People of young age are usually engaged in higher earnings as soon as possible. In the corporate sector, income is gradually increased. In such a situation, investors should try to make such an investment plan so that they can get a big amount after a certain period. That is, if you want to get a big amount after 5 years on low investment, SIP is a better option for that.
Invest Smartly And Wisely :
If you do not have much salary, and you earnings are only Rs 20,000 per month and your expenditures are more then your earnings then you can invest Rs 1500 in a month. That is, you can add a fund of more than Rs 1 lakh after 5 years after just a modest investment of 1500 rupees per month.
Adani Group plans to raise 6,000 crore via securities
How It Is Possible ?
You can easily understand this through the SIP calculator. Suppose you have made a monthly investment of Rs 1500 and you continued it for 5 years. So by the estimated return of 15 percent, you will have 1,13,985 (Rs 1.1 lakh) till the end of this period.
If you will continue this investment for 8 years, then you will have Rs 2.1 lakh. This is a very good amount. If you will start this investment at the age of 21, then by the age of 29 you can have a fund of Rs. 2 lakhs with a small investment.
The post Invest 1500 Rupees Per Month And You Will Get 1 Lakh Rupees After 5 Years, See Here appeared first on NewsCrab.