Start investing in mutual funds
If you invest 1 or 2 good mutual fund schemes from today, then you will have a huge amount at the time of your retirement. Mutual fund schemes have consistently given good returns. Good schemes have given an average return of more than 15% every year for the last 10 years. In such a situation, an investment of Rs 3500 a month should be started in a good mutual fund scheme. If you also get an average return of 12% here, then your investment of Rs 3500 will become Rs 1.20 crore in 30 years. It should be remembered here that money may be needed even in the middle of life. If this happens, you can withdraw money from this investment scheme in between. If you want to know how much money you will have between these 30 years, you can also know this. But first know that mutual fund schemes that give good returns.
Know the names of mutual fund schemes giving returns up to 15%
These are the best mutual fund schemes in 10 years
-SBI Small Cap Mutual Fund Scheme: 20.04%
Nippon India Small Cap Mutual Fund Scheme: 18.14%
-Invesco India Midcap Mutual Fund Scheme: 16.54%
Kotak Emerging Equity Mutual Fund Scheme: 15.95%
-DSP Midcap Mutual Fund Scheme: 15.27%
Note: The returns of these schemes of mutual funds have been calculated on the basis of NAV of 15 January 2021. This is the average annual return of these mutual fund schemes.
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