Can Mutual Fund Make You Rich?

3 Feb 2024, By MFJ Team

Yes, Mutual Fund Make You Rich, See how...

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If you start investing Rs 5000 per month in SIP mutual fund than...

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By investing Rs 12 lakh, you will get Rs 50 lakh after 20 years.

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This interest is compounded at the rate of 12% annually.

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If you make this investment for 30 years then..

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You will get Rs 1.76 crore after 30 years, having invested only Rs 18 lakh.

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If you get 15% interest annually, you will get Rs 3.5 crore after 30 years.

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This amount will make you rich if you invest in mutual funds for a long time.

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If I invest 15000 per month in mutual fund?

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