india employmentnews

Mutual Fund Scheme: Deposit 40 lakh rupees for children's education in this way

 | 
aa

Many people invest for the better future of their children. For this, people wait for a great investment plan. Today we are going to explain to you about a great mathematics of investment, through which you can deposit a good amount of money for the education of children.

You can do this by investing in a mutual fund scheme. For this, by making your SIP in a good mutual fund scheme, you start investing 4 thousand rupees every month in it. You will have to make this investment for a full 20 years.

During this time, you will have to expect an estimated return of 12 percent on the investment. If this happens, you will deposit 40 lakh rupees at the time of maturity. This amount will be very useful for the education of children. Investment in mutual funds is subject to market risks, so invest in it on the advice of experts.