SIP Mutual Fund: Friends, mutual fund is a means which can make a common man a millionaire, if you invest in the right mutual fund then the future of you and your family will be secure, there are many mutual funds which are available in a short time.
Mutual funds give high returns, if you study well and start investing then you can become a millionaire with less money and less time, let us know how to become a millionaire by investing just ₹ 1000 every month.
Friends, compounding works in mutual funds, that is, the earlier you start investing, the more money you will get, that is, if a person is 22 years old and starts investing, he will get more money after 20 years. In comparison, a person who started investing at the age of 30.
Because time is of great importance in mutual funds. Therefore, you should start investing in mutual funds as soon as possible. Friends, although there are many types of mutual funds like equity funds, debt funds and hybrid funds, but the safest funds are considered to be index funds and blue chip funds. You have to keep in mind that the safer your money is, the less returns you will get. That is, it means that the greater the risk, the greater the possibility of money growing.
Friends, money grows fastest in small cap funds like this, because in these funds your money is invested in small companies which have the potential to become big in the future, that is, if you invest money in a big elephant, it will No matter how big an elephant can become, it will remain the same.
But if you invest money on a running horse, you will get more money, so small funds are like a running horse, we have seen many such small funds. Which has given returns of up to 50 percent in just 3 years. Let us know how you can earn Rs 1 crore by investing just Rs 1000.
Before that, friends, to invest in mutual funds, it is necessary to have a demat account. Below we have given you the link of Angel One, this broker is working in the field of stock market for 30 years, in this you can open a completely free demat account. Yes, its biggest advantage is that whenever you sell or buy mutual funds, you will not have to pay any kind of commission. So quickly open a free demat account from the link given below.
How to make Rs 1 crore by investing Rs 1000
Friends, if you want to earn Rs 1 crore quickly then you will have to invest in small cap funds, like Access Small Cap Fund, HDFC Small Cap Fund, Nippon India Small Cap Fund, Quant Small Cap Fund, these are such funds which earn profits in a short period of time.
Has given tremendous returns. Has given big returns. Suppose you invest ₹ 1000 every month in a small cap fund, that is, you invest ₹ 12000 in a year and that small cap fund can give you an average return of 30 percent. So friends, your money can become Rs 1 crore in just 18 years.
Whereas if you start a SIP of Rs 2500, then friends your money will become Rs 1 crore in just 15 years. And if you want to earn one crore quickly. So friends, you will have to invest ₹ 10000 every month in small cap funds, if you do this then your money will become Rs 1 crore in just 10 years.
