Best Mutual Fund Idea: With SIPs for just Rs 100 per month, people are rushing to invest… and raise Rs 7 Lakhs this way!

Everyone knows about mutual funds, and many people in the country invest in mutual funds. But some people still stay away from mutual funds even though you can start investing in mutual funds with just Rs 500. But there are still families in the country who don’t even have 500 rupees in savings every month. For such people, a great option of Rs 100 per month has arrived, that is, you can do SIP for just Rs 100 per month.

In fact, the easiest way to invest in mutual funds is through a Systematic Investment Plan (SIP). In such a scenario, a monthly SIP of Rs 100 makes the path easier for the common investor. An ordinary person can accumulate a huge amount of money in the long run by adding 100 months and the power of compound interest. Today we will tell you the formula to raise big money by depositing Rs 100 every month.

Let us tell you that the proportion of retail investors has increased since the launch of the Rs 100 per month SIP facility. Especially in rural areas, people’s enthusiasm for investing in mutual funds is high, so the flow of mutual funds has increased rapidly in the past few months.

In a SIP, investors can reap the benefits of compound interest and potentially earn higher returns in the long term. If you invest regularly over the long term, the power of compound interest can grow your investment to a great extent.

Rs 100 SIP in 20 years returns so much
For example, if you do a SIP of Rs 100 per month and get 12% annual returns, you can raise Rs 99,914.79 in the next 20 years. If you get 15% returns, you can earn up to Rs 1,51,595. There are many such fund schemes available in the market which have given good returns in the long run.

Total Investment – ​​Rs 24,000
Total Interest- Rs 75,915
Total Wealth- Rs 99,914 (12% p.a.)
Total Wealth- Rs 1,51,595 (15% p.a.)

Rs 100 SIP in 30 years returns so much
And if you save Rs 100 every month and choose to invest in SIP for 30 years, you can get a total of Rs 3,52,991, which is an annual return of 12%. If you get 15% return, you get Rs 7,00,982.

Total Investment – ​​Rs 36,000
Total Interest- Rs 3,16,991
Total Wealth- Rs 3,52,991 (12% p.a.)
Total Wealth- Rs 7,00,982 (15% p.a.)

Now you can see that such a huge amount of money can be raised through SIP with just Rs 100 per month. If someone chooses a monthly SIP of Rs 5000 or Rs 10,000, how much will he raise? In this case, you can also raise large sums in the long run by depositing small amounts. You can make huge money from mutual funds in the future by depositing Rs 100, Rs 500, Rs 1000 or even more Rs.

What is SIP?
Let us tell you that Systematic Investment Plan is a popular way to invest in mutual funds. This way you can invest in mutual funds every month. Once you choose the SIP option, a fixed amount is deducted from your bank account at a fixed time every month and invested in the SIP. Mutual funds have delivered huge returns over the past two to three decades. But for this, it is necessary to choose better funds. For this, you can seek help from a financial advisor.

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