SIP Investment: Investing has become very important in today’s time because investing now is considered very beneficial to reduce future financial risks. In such a situation, if you start investing in mutual funds at the age of 30, especially if you invest in SIP, then you can accumulate a retirement fund of up to Rs 5 crore within 30 years, which is a very good amount. Let us tell you how this is possible.
SIP Investment Plans
SIP is considered to be the best option for investors to invest because they also give good interest and if you invest for a long time, then in such a situation you also get a lot of benefit and you can get good returns. Hybrids can be open-ended or close-ended but if you know the right way to invest then it becomes very easy for you, as we told you can start investing at the age of 30 and can deposit 5 crores.
How much return in SIP
Let me tell you that investing in mutual funds is quite easy and apart from this you can also invest in ships and by starting investing in mutual funds at the age of 30, you can save good money for the house. If you start investing at the age of 30, then you can create a fund of Rs 5 crore by retirement, which is a very good plan.
You can also create a retirement fund of Rs 5,00,00,000 by investing in SIP. This is a very simple example and you can also calculate it like if every person starts SIP of Rs 16300 every month at the age of 30, then to get a retirement policy of Rs 5 crore, he will have to invest continuously for the next 30 years, so that you can easily accumulate a fund of Rs 5 crore.
It is very important to keep one thing in mind that if you start investing, then in such a situation you must take the advice of a market expert. If you invest in any investment area by taking the right advice, then your money will be safe. Apart from this, we do not suggest in any way that this method is better for you, but we want to say that you must take the advice of an advisor before investing and then start investing.
