In today’s time, everyone saves a part of their earnings after retirement, so that at that stage of age, no financial troubles are faced nor for anyone else to live on anyone else Have to stay dependent. Your small bats can also solve your problem and the State Bank of India (SBI) has started a new SIP scheme, in which it can be started from just Rs 250 and 17 by saving regularly every month. You can raise funds of more than lakh rupees. Let’s understand its complete calculation …
You can choose investment options according to your own
Earlier, it is said that about the Jan Nivesh SIP Scheme launched by SBI Mutual Fund and State Bank of India (SBI), about the Jan Nivesh SIP Scheme, which especially invested for the first time and rural, half-urban And launched with the objective of empowering small safety living in urban areas to participate in mutual fund schemes Is. Its special thing is that investors can start themselves with just Rs 250 and can choose daily, weekly and monthly investment options.
Better option for starting investment
It is said that thick funds can also be raised by making small savings from investment and excellent returns at the right place and in this context, Systamatic Investment Plan i.e. SIP is becoming very popular. In this SIP scheme of SBI, initially investors can initially invest in SBI Balanced Advantage Fund, which is a fund that strategically allocates investment between equity and date by fund managers.
How to raise more than 17 lakh rupees?
Now let’s talk about the calculation, under which an investment of Rs 250 made every month can become a fund of more than Rs 17 lakh. So let us know that SIP is a long-term investment option and if we look at its history, then up to 12-16 percent return can be obtained by investors. Now if a monthly SIP of Rs 250 runs for 30 years and during this time 15 percent returns are received, then the investor will deposit Rs 17.30 lakh. This includes ₹ 90,000 deposits and returns of Rs 16,62,455.
Now if the investor increases the duration of its investment in this small SIP scheme to 40 years, then he will have more than Rs 78 lakh. In fact, if an investor makes a regular investment of Rs 250 every month for 40 years and the return remains 15 percent, then his deposit will be Rs 1.20 lakh, but the return he received will increase to Rs 77,30,939 with compounding and will be increased to Rs 77,30,939 and The total fund will be Rs 78,50,939. It should be noted here that these figures do not include inflation rate, which can potentially reduce the total amount of total amount.
(Note- Be sure to consult your market experts or advisors before any investment.)