Rs. Starting from 1400 Savings, your son will get a job before 1 crore

Rs. Starting from 1400 Savings, your son will get a job before 1 crore

Investment Methods
Every parents have concerns about their children's careers. Parents want to educate children, and make them capable, so that their future can be safe. Parents sometimes do cures, but they can not get the full benefit of savings due to not being well planned.

Today, we tell you a new way of saving, if you adopt, as long as your son gets qualified to do the job, he will have a total of Rs. 1 crore.

Planning is very easy. The investment starts from Rs 1400. Then it is to increase by 15 percent every year. This means that the investment of Rs 1400 in the first year will be Rs 1610 in the second year. If you get a return of 12% on this investment, then this amount will be Rs 1 crore in 25 years.

Where Do You Invest?

In the last one year, more than a dozen mutual funds have paid more than 50% returns. If invested for a long time, these funds have been returning more than 12%. So if you are investing in good funds, then if you get more than 12% return then this amount will be Rs 1 crore in 25 years.

Invest in such a way increases

It is filled with boards. Thus, we only deposit the nominal amount in the name of investment, but as the period increases, returns also increase. The fund then starts to grow rapidly. Investment in this planning will be more than 1.5 lakh rupees in five years and in 10th year, it will increase to more than Rs. 5 lakhs.

In this way, the investment will increase from 16 lakh rupees in the 15th year. In 20 years, this increase will increase to Rs 42 lakh. And in 25 years this investment will be more than Rs 1 crore.

Tax free is money

People who invest in equity mutual funds benefit from long-term capital gains tax. These funds are tax-free after 1 year of investment. There should be no tax on the amount earned on the amount invested in it.

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