If you want to secure the future of your younger daughter, then you can invest in Sukanya Samriddhi Yojana (SSY). This is a government scheme in which you can accumulate a good fund for your daughter by investing a little bit. Let’s know.
Returns in Sukanya Samriddhi Yojana: In view of the rising inflation, every parent is worried about their daughter’s future. For this, every parent starts investing from their daughter’s childhood. If you also want to secure the future of your little daughter, then you can invest in Sukanya Samriddhi Yojana (SSY). This is a government scheme, in which you can accumulate a good fund for your daughter by investing a little bit.
Investment in Sukanya Samriddhi Yojana
You can invest in Sukanya Samriddhi Yojana for your daughter aged 10 years or less. You have to invest in this scheme for 15 years. The maturity period of the scheme is 21 years. This scheme gives a return of 8.2 percent. You can start investing in this scheme from Rs 250 annually. The maximum investment limit is Rs 1.50 lakh annually.
How much return in Sukanya Samriddhi Yojana
- If you invest Rs 1000 every month for your daughter in Sukanya Samriddhi Yojana, then you will invest a total of Rs 12,000 in a year. In this way, you will invest a total of Rs 1,80,000 in 15 years. In this case, you will get a total of Rs 5,54,206 on maturity. In this, only Rs 3,74,206 will be your profit.
- If you invest Rs 2000 every month for your daughter in Sukanya Samriddhi Yojana, then you will invest a total of Rs 24,000 in a year. In this way, you will invest a total of Rs 3,60,000 in 15 years. In this case, you will get a total of Rs 11,08,412 on maturity. In this, only Rs 7,48,412 will be your profit.
- If you invest Rs 5000 every month for your daughter in Sukanya Samriddhi Yojana, then you will invest a total of Rs 60,000 in a year. In this way, you will invest a total of Rs 9,00,000 in 15 years. In this case, you will get a total of Rs 27,71,031 on maturity. Out of this, only Rs 18,71,031 will be your profit.
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