SIP Tips: It is critical to managing time effectively when investing in mutual funds through SIP (Systematic Investment Plan). Regardless of market volatility, if a person invests a fixed amount every month, the net asset value of his mutual fund grows. Please share some unique SIP investment strategies with us.
If you understand the tricks of SIP in Mutual Funds, you will become a millionaire in no time. If you follow the special formula outlined here, you can earn more than 10 crores over the course of 30 years. You must use these three mutual fund superhit formulas to accomplish this. Please share these formulas with us.
Before investing in mutual funds through a SIP (Systematic Investment Plan), keep in mind that time is a significant factor. Regardless of market volatility, if a person invests a fixed amount every month, the net asset value of his mutual fund grows. That is, you can amass a sizable sum in this manner.
- The First Investment Formula
According to investment advisor Balwant, there are special formulas for investing in mutual funds. 15*15*15 is the first formula. According to this formula, if a person invests Rs 15,000 per month for 15 years at a 15% return, he will have a fund of approximately Rs 1.02 crore. That is, this formula will quickly make you wealthy.
- The Second Investment Formula
The second investment formula is 15*15*30. According to this formula, if a person invests 15 thousand rupees every month for 30 years at a rate of 15% return, he will receive a fund of Rs 10.51 crore. During this time, he will invest Rs 54 lakh, with a return of Rs 9.97 crore. Always keep in mind that the more SIPs a person makes in mutual funds over a longer period of time, the more benefit he will receive. However, every individual should earn returns by making such investments based on his or her convenience, duration, and income.
A five-year delay can result in significant losses.
If an investor begins investing at the age of 30, he or she has a significant impact. Let us look at it mathematically.
Assume the investor is 30 years old at the time of the investment. For the next 25 years, the investor will invest Rs 5000 every month. In this case, he receives a total of Rs 84,31,033 at maturity based on an average return of 12%. That investor will be 55 years old at this time.
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If that investor had begun SIP investing at the age of 25, the total period would have been 30 years. That is, the investment would have lasted 30 years rather than 25. SIPs have provided an average return of 15% over the last ten years, according to historical data. However, if we consider an average return of 12%, he will receive a total of Rs 1,52,60,066 at maturity. However, if this investor had started investing at the age of 25, he would have received Rs 68 lakh (Rs 68,29,033), which he did not receive because he began investing at the age of 30.
Top 10 Refund Mutual Funds and Their Returns
- SBI Small Cap Mutual Fund (20.04%)
- Nippon India Small Cap Mutual Fund Scheme (18.14%)
- Invesco India Midcap Mutual Fund Scheme (1.64%)
- Kotak Emerging Equity Mutual Fund Scheme (15.95%)
- DSP Midcap Mutual Fund Scheme (15.27%)
