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Mutual Funds: Invest only Rs 5000 to become a millionaire, know how to invest

  • Mutual Funds: One can invest in mutual funds through SIP
  • Investing from the age of 25 to deposit around Rs 2 crore till retirement
  • In this, you can start by investing only 500 and 1000 rupees.




Mutual Funds: Even with an investment of 5000 rupees, you can become a millionaire. There are several options for investing money, including stocks, FD schemes (FD). You can become a millionaire or a millionaire by investing small savings for a long time.

In mutual funds, money is taken from investors to invest in stocks. If the amount is invested in the right stock, then there can be more benefit in the log term. In this, you can start by investing only 500 and 1000 rupees.

Also Read: SBI’s new scheme: start from Rs 5000, double profit from FD and 50 lakh insurance for free

You can invest in mutual funds with a minimum of Rs 500 per month. You can invest in it through SIP. Apart from this, one can also invest in equity mutual funds, debt mutual funds or hybrid mutual fund schemes. If you are 25 years old and you want to add up to 2 crore rupees till the age of retirement, then you will have to deposit 5 thousand rupees every month. On this you will get a rate of 10 percent. You can use SIP to invest in it.

 

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ praveshmaurya24@gmail.com
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