Best way to make money! You will be the owner of 1 crore rupees in just 15 years, this is a superhit investment trick
You don't have to wait too long to become a crorepati (how to become a Crorepati), you can become a crorepati in just 15 years by investing. Usually, this question comes to most tax and investment advisors what to do to become a crorepati.
Becoming a crorepati is not difficult. All you need is to invest in the right direction and keep increasing it. If some investment is made systematically, then it is possible to achieve this goal. However, the biggest problem for investors is where to start. You don't have to wait too long to become a crorepati (how to become a Crorepati), you can become a crorepati in just 15 years by investing. Usually, this question comes to most tax and investment advisors as to what to do to become a crorepati. However, the answer for investors is the same - 'Mutual fund is right'.
Why is SIP the best?
According to mutual fund experts, you should know your goals before investing. After this, you can find out from the Mutual Fund Calculator at what age you have to invest how much (Money Making Idea). Only then you can achieve your target. However, as you grow older, you will have to invest more. The best investment instrument to make money from money is SIP. If you start with a large amount in the Systematic Investment Plan, then you will get more money at the time of maturity. Also, the possibility of loss in this is very low.
Target will be achieved in the long term
If you want a fund of 1 crore, then you have to keep a long-term perspective for this. Also, the investment cycle has to be kept regular. If you set the goal in advance, then you can get good returns. Experts believe that investing in mutual funds is the best way for long term i.e. above 10 years of investment. In such Mutual Fund SIP, investors can get up to 12 percent return. SIP can be started 10-15 years before retirement. However, the investment amount should be large at that time.
The fund will be ready in 15 years
If someone wants a fund of Rs 1 crore in 15 years and gets an average return of 12 percent during this period, then according to the Mutual Fund Calculator, Rs 20,017 will have to be invested in SIP every month. In 15 years, the investor will invest Rs 36,03,060 and with the returns, he will have a fund of Rs 1 crore. As he had set the target.
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