If you also want to create a great fund, but you do not have to save more money, then we will bring you a great solution to this problem. Yes, if you start investing by saving some money daily, then you can make Lakhpati after a set time.
Actually, the special thing is that you have to save only Rs 40 per day. It is obvious that this will not burden you too much and can easily save so much after all your expenses.
After that, then in the mutual fund, systematic investment plan to make a regular investment through SIP. Let’s know how you can save 40 rupees a day, fund of Rs 8 lakhs.
Fund of Rs 8 lakh will be made like this
Actually, you save 40 rupees on a daily basis then it will be Rs. 1,200 in the month. You have to invest Rs 1,200 every month through SIP in the scheme of the better mutual fund.
Know that you have to invest this for 15 years. In fact, there are many mutual funds in the market, which has given returns in the last 15 years at that of 15% per annum. So in such a situation if you get the same returns, then after 15 years you will get a fund of Rs. 8 lakhs.
So will the advantage
For your information, let us know that if you invest in a mutual fund scheme for 15 years then your total investment will be Rs. The total value of your SIP will be Rs 8,02,208. That is, it means that you get the benefit of Rs 5,86,208.
These funds have been given 15% returns
As far as the mutual fund returns are concerned, some better schemes have given 15% returns in 15 years. Yes yes
Aditya Birla Sun Life Equity Fund has 15.20% in 15 years,
DSP Equity Opportunity Fund, 14.67%
Similarly, a return of 15.07% was found in the Franklin India Prima Fund.
Expansion ratio can be removed in this way
Let us tell you that this is the ratio that tells the expenditure on the management of a mutual fund as per unit. Actually, to remove the expense ratio of a mutual fund, its total assets are divided into total expenditure in asset under management.