Invest 100 rupees in SIP every day, you will get full one crore
Even if your salary is low, you can easily save 100 rupees daily. You don’t need a huge investment to get rich. There are many people who keep waiting that if there is a little increase in their income then they will start investing. But many times such people keep waiting. Let us tell you about the ways to become rich.
start like this
You can create a fund of Rs 1 crore by saving Rs 100 every day. The best for this is SIP. Through SIP, you can accumulate a fund of Rs 1 crore by saving just Rs 100. Its formula is quite simple. Explain that mutual funds have given bumper returns to investors in the long term. There are some funds which have given returns of up to 20%. Most of the people know about mutual funds these days. Through Systematic Investment Plan ie SIP, you have to start with an investment of Rs 100 daily.
Multibagger Stock: This 50 paise stock made a millionaire, gave a staggering return of 6650%
Create a fund of 1 crore by saving 100 rupees
If you save 100 rupees every day, then in a month you will save 3 thousand rupees. If you invest this in mutual funds and you get 20% annual return, then in 21 years i.e. 252 months, your fund will be around Rs 1,16,05,388. Whereas during this time you will deposit a total of Rs 7,56,000 only. Even if you get 15% return instead of 20%, you will still get around Rs 53 lakh. If you want to become a millionaire in less time, then the amount of your own investment has to be increased.
