Mutual Funds: How to plan for Rs 1 Crore corpus with Rs 20,000 monthly salary?
कम सैलरी में भी करोड़पति बनना असंभव नहीं है. जरूरी है कि आप जल्दी बचत शुरू करें, सही जगह निवेश करें और धैर्य बनाए रखें. छोटी-छोटी सेविंग्स भविष्य में बड़ा बदलाव ला सकती हैं. तो आज ही बचत और निवेश की योजना बनाएं और अपने भविष्य को सुरक्षित करें.
#RetirementPlanning #FinancialFreedom #mutualfunds #SIP #Corpus #Investment #bestmutualfunds #sharemarketnews #sharemarket #topmutualfunds
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SBI Large & Midcap Fund Completes 32 Years—Rs 10,000 Monthly SIP Worth Rs 6.75 Crore :: https://www.goodreturns.in/personal-finance/investment/sbi-large-midcap-fund-completes-32-years-rs-10-000-monthly-sip-worth-rs-6-75-crore-1409593.html?ref=DMDesc
Explainer: Is Now The Perfect Time To Invest In Equity Mutual Funds? :: https://www.goodreturns.in/news/is-now-the-right-time-to-invest-in-equity-mutual-funds-011-1409521.html?ref=DMDesc
~HT.318~PR.147~ED.148~
कम सैलरी में भी करोड़पति बनना असंभव नहीं है. जरूरी है कि आप जल्दी बचत शुरू करें, सही जगह निवेश करें और धैर्य बनाए रखें. छोटी-छोटी सेविंग्स भविष्य में बड़ा बदलाव ला सकती हैं. तो आज ही बचत और निवेश की योजना बनाएं और अपने भविष्य को सुरक्षित करें.
#RetirementPlanning #FinancialFreedom #mutualfunds #SIP #Corpus #Investment #bestmutualfunds #sharemarketnews #sharemarket #topmutualfunds
Also Read
GR Exclusive: "From Equity To Gold, Divsersification Is Essential," Says Trupti Agarwal, WhiteOak Capital :: https://www.goodreturns.in/personal-finance/investment/women-investing-in-india-finance-and-economy-011-1410097.html?ref=DMDesc
SBI Large & Midcap Fund Completes 32 Years—Rs 10,000 Monthly SIP Worth Rs 6.75 Crore :: https://www.goodreturns.in/personal-finance/investment/sbi-large-midcap-fund-completes-32-years-rs-10-000-monthly-sip-worth-rs-6-75-crore-1409593.html?ref=DMDesc
Explainer: Is Now The Perfect Time To Invest In Equity Mutual Funds? :: https://www.goodreturns.in/news/is-now-the-right-time-to-invest-in-equity-mutual-funds-011-1409521.html?ref=DMDesc
~HT.318~PR.147~ED.148~
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NewsTranscript
00:00Many people believe that because of low salary, it is not possible to save and invest.
00:07But the truth is that savings do not depend on your income, but on your habits.
00:13If you adopt the right strategy, you can become a millionaire even with a low salary.
00:18Let's tell you in this video how this can be possible.
00:22First of all, let's understand why it is necessary to save.
00:26So savings is not just a way to save money, but it is also a good foundation for a better future.
00:32Many people think that their income is low, so they cannot save.
00:36But if you save even a small part of your income regularly and invest it in the right place,
00:44then in the long term it can become a big fund.
00:47Now let's know how much savings should be done.
00:50So a common rule says that every person should save at least 20% of their monthly income.
00:58Now let's understand with an example.
01:00Suppose a person's salary is Rs 20,000, which is the minimum salary.
01:05In a salary of Rs 20,000, at least Rs 4,000 should be saved according to 20%.
01:10This amount may seem small, but with the right investment, it can create a big fund.
01:16Where do you want to invest?
01:18There are many options available for investment, but SIP can be the best option for mutual funds.
01:25By investing through SIP, you can get an annual return of 12%,
01:31which is more than the traditional savings scheme.
01:35Now you must be thinking how to get a fund of 1 crore from a salary of Rs 20,000.
01:39So if you do SIP of Rs 4,000 every month and continue it for 28 years,
01:45then your total savings will be Rs 13,44,000.
01:50But due to the compound interest on it, you can get a total amount of Rs 1,10,00,000.
01:57If you continue it for 30 years, then this amount can reach Rs 1,41,00,000.
02:04That is, it is not impossible to become a millionaire even with a low salary.
02:08It is important that you start your savings quickly, invest in the right place, and have patience.
02:16Small savings can bring a big change in the future.
02:19So make savings and investment plans today and secure your future.
02:25Your salary is low, your salary is high, but if you get used to savings,
02:30invest it in the right place, then you can prepare a big fund.
02:35That fund will definitely help you in the education of children and in the planning of your future.
02:41That's all in the video, how did you find this information?
02:44Do tell by commenting.
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