PPF won't be able to provide this much cash. This strategy should be followed by those who seek two crores; your investment will turn into a money maker

 PPF won't be able to provide this much cash. This strategy should be followed by those who seek two crores; your investment will turn into a money maker

PPF won't be able to provide this much cash. This strategy should be followed by those who seek two crores; your investment will turn into a money maker

Astute Investing... Nobody could prevent the person who mastered this technique from becoming a Crorepati. However, it is essential for wise investment. Invest when and when it's appropriate. Typically, an investor seeks for instruments that provide both security and high returns. Among these well-liked plans is PPF. However, did you realize that an investment in PPF could not achieve the results this formula accomplished? By alone, this method may earn you Rs 2 crore. Tell us how much money is expected to be earned.

only want to save Rs. 200

According to financial advisors, investing only Rs 200 per day, or Rs 6000 per month, is sufficient. This amounts to Rs 72,000 if we calculate it over a year. Now, if the same Rs. 72,000 is invested in whatever... PPF investments typically cost investors Rs 150,000. Investments are secure and provide high returns. However, SIP has accomplished what the Public Provident Fund (PPF) was unable to. The computation is provided below. Recognize and estimate.

15 years of money invested in PPF

A cautious investor places their money in Public Provident Fund (PPF) and other government-guaranteed securities. Its unique selling point is that all invested funds, interest earned on them, and the total amount received at maturity are tax-free. If you put Rs 6000 into PPF each month, you would have invested Rs 72,000 over the course of a year. This sum, if invested consistently, would increase to Rs 19 lakh 52 thousand 740 over a 15-year period. The minimum maturity period for PPF is 15 years.

If you make a twenty-year investment in PPF,

After 20 years, if you continue to deposit this money in PPF, it will increase to Rs 31 lakh, 95 thousand, 978 lakh. We would now get Rs 49 lakh 47 thousand 847 if we prolong it for a further five years. It's important to remember that PPF is a risk-free investment. However, every three months, its interest rate is set. Here, we have just used 7.1 percent to get the current interest rate. 

If you put Rs. 6000 into a SIP,

If you make monthly payments into a mutual fund SIP for 25 years, your investment will be worth Rs 80 lakh 27 thousand 342. In this case, the computation was done using an annual return of 10%. The return you would get if you prolong it to 30 years will be Rs 1 crore 36 lakh 75 thousand 952.

Now comprehend how Rs. 2 crores is calculated.

Experts see a return of 10% as quite typical and cautious. A return of 12% is typical for diversified funds. At current pace, this sum will be worth Rs 1 crore 13 lakh 85 thousand 811 in 25 years, and Rs 2 crore 11 lakh 79 thousand 483 in 30 years.