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    Do mutual fund SIP for 6 years and you will get a car worth Rs 10 lakh in a jiffy.

    Do mutual fund SIP for 6 years and you will get a car : Mutual Fund SIP: SIP is a powerful and easy way to invest in mutual funds. By investing any fixed amount of money, small or big, for a long time, you can create a huge corpus.

    Do mutual fund SIP for 6 years and you will get a car

    Mutual fund investment is fun when it is planned for a specific purpose, like buying a house, getting married, buying a car, accumulating capital etc. If you set your goal, you can easily choose the right fund as per your risk appetite.

    One advantage of mutual funds is that you can estimate its returns in advance, for example, if you want to buy a car worth Rs 10 to 11 lakh in the coming 6, 7 years, then you can create a good corpus through SIP. Are. Let us here calculate a monthly SIP of Rs 10,000 for 6 years.

    Read this: Last year, mutual fund companies raised Rs 63,854 crore through NFO.

    Do mutual fund SIP for 6 years and you will get a car
    Do mutual fund SIP for 6 years and you will get a car

    Do mutual fund SIP for 6 years and you will get a car

    Do mutual fund SIP for 6 years and you will get a car
    Do mutual fund SIP for 6 years and you will get a car

    Corpus worth Rs 11,31,736 ready
    According to SIP Calculator, if you do mutual fund SIP of Rs 10,000 every month and get an average return of 14 percent, then you will create a corpus of Rs 11,31,736 in 6 years. The average return of a mutual fund SIP is considered to be 12 percent, although SIP in a good fund can comfortably give you a return of 15 to 18 percent.

    Here your total investment will be Rs 7 lakh 20 thousand on which you will get interest of Rs 4,11,736.

    Do mutual fund SIP for 6 years and you will get a car
    Do mutual fund SIP for 6 years and you will get a car

    You can buy a car worth Rs 12,25,708 lakh even with SIP of Rs 2 thousand
    If you have a long time to buy a car, like 15 years, then you can buy a car worth Rs 11 to 12 lakh with a monthly SIP of just Rs 2000. Here you will have to make a total investment of only Rs 3 lakh 60 thousand on which you will get interest of Rs 8,65,708, in this way with 14 percent return your total corpus will become Rs 12,25,708, and you will be able to easily buy the car of your dreams.

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