SIP: It is very important for every person to invest. It is not just saving money, but securing the future. It is wise to invest some part of your monthly income, even if your income is less. People earning thirty thousand rupees can also save and invest every month. Let us know how and where people earning Rs 30,000 every month can invest.
People earning 30,000 a month should invest here-
Take the help of SIP to invest your money, that is, every month you invest some part of your income in mutual funds through SIP. Its special thing is that you can start your investment in it with Rs 250 every month. In such a situation, people earning less can also invest in SIP.
If you invest regularly every month in SIP for a long time, then you can add a fund of crores of rupees. If you are earning Rs 30,000 per month, then you can easily save Rs 4000 per month and invest in SIP.
Fund worth crores in 30 years-
According to the SIP calculator, if you invest Rs 4,000 every month for 30 years at a 12 percent annual return, then your total investment will be Rs 14.40 lakh. You will get interest of Rs 1,08,84,893 on this, and after 30 years you will have a total fund of Rs 1,23,23,893.
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