Become a millionaire at a young age by investing just 17 rupees per day, start today

Become a millionaire at a young age by investing just 17 rupees per day, start today

Investing started at a young age provides a lot of support in retirement, so this news is for you if you haven't made a plan yet.






It is good whenever starting an investment  Every month Rs. 500 and secure your future in this wayIn 20 years it will be so much rupees






Nowadays everyone is investing and it is very important to prepare a future plan especially for oneself and family. Future planning is to avoid asking money from others when any kind of problem arises in the future. There is no age to plan for the future. Investing started at a young age provides a lot of support in retirement, so this news is for you if you haven't made a plan yet.






It is good whenever starting an investment

However, it is necessary to consult any knowledgeable or expert before starting the investment. For investmate we are going to give you an idea and you can invest using it. You can prepare a big fund for the future by depositing a little money every day through this investment.








500 per month

A little saving can be a big investment and we are going to tell you how to prepare it. For example if you spend Rs. 500, then you need to invest Rs. 16.66 (approx. Rs. 17) to be saved and saving Rs. 17 per day is not a big deal for anyone.






20 percent or more return

Starting with small investment you can start saving by investing in mutual funds. For this, even with a SIP of 500 rupees per month, your dream of becoming a millionaire can come true. For a good investment one has to invest 17 rupees per day i.e. 500 rupees per month in mutual fund. Let it be known that for a long time mutual funds have been giving returns of 20 percent or more.




In 20 years it will be so much rupees

17 rupees per day i.e. 500 rupees per month and 6 thousand rupees per year have to be invested. By depositing 6 thousand rupees annually for 20 years, you accumulate 1.2 lakh rupees and in 20 years the fund will grow to 7 lakh 8 thousand rupees at an average annual return of 15 percent. If we talk about 20 percent annual return, then this fund can increase to 15.80 lakh rupees.






If you calculate for 30 years, then…

If you increase the investment period to 30 years instead of 20 years, during this time you deposit a total of 1.8 lakh rupees and get 20 percent annual return on this for 30 years, then your fund can increase to 1.16 crore rupees. Let it be known that investing in mutual funds gives the investor the benefit of compound interest. This way you are more likely to get a bigger fund on a smaller investment.