I want to invest 20 k per month and want returns in 3 years. Where do I invest for the best returns?
Greetings,
If you are looking for good returns then invest in Modern investment products like Mutual funds or Stocks or Gold etc., but here high risk involved!
Everyday the number of investors investing in Mutual funds is increasing, from students to employed to retired, everyone has started investing in mutual funds to help bridge the barrier of money being an issue to accomplish their personal and career goals.
Economy has ups and downs but overall economy is improving, we have to look back the how India has progressed in last 30 years. Economy doesn’t grow in straight line, there are ups and down in economy but there is growth.
Some factors determine the best time to invest in Mutual funds!
Risk Appetite
Market positioning
Return on investment
Tax saving under section 80C
Long term or short term
If you are ready to take risk, then invest Rs 20K per month as SIP in Mutual funds!
Will calculate for 3 years, 5 years and 10 years same 20K per month and rate of interest 12% p.a
Invested amount for 3 years 20k per month = Rs 7,20,000/-
Returns at the rate 12% p.a = Rs 1,50,153
Total Value = Rs 8,70,153
Invested amount for 5 years 20k per month = Rs 12,00,000/-
Returns at the rate 12% p.a = Rs 4,49,727
Total Value = Rs 16,49,727/-
Invested amount for 10 years 20k per month = Rs 24,00,000/-
Returns at the rate 12% p.a = Rs 22,46,782/-
Total Value = Rs 46,46,782/-
So, guys here you need to understand is when you invest for long term, will get more returns!!
My suggestion for every one whatever you invest, plan for long term for good returns!
Open Your Mutual Fund Account with Registered MF Distributor all over India with following link
Mutual funds are linked to market risks. Read Documents carefully before investing
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