Saturday, 18 August 2018

Starting from Rs 1,400 in the name of the child, the investment will be 1 crore before getting the job

Starting from Rs 1,400 in the name of the child, the investment will be 1 crore before getting the job


Most people in the home are worried about their child's care. But if the parents plan for their children from childhood then they will have a fund of Rs 1 crore in the beginning of their career. From this fund, a child can make his own career as desired. This work can be easily done by starting the savings from Rs. 1,400. In this case parents can start planning for their child. The most special thing about this investment is that it will be fully tax-free.

Make plans like this
This type of planning is easy. It starts investing at Rs 1,400. Then it is to increase by 15% every year. This means that the investment of Rs 1,400 in the first year will increase to Rs 1,610 next year. This way the investment continues to grow. If 12 percent returns on this investment, then in 25 years this will be Rs 1 crore.
Where to stay invested
Director AK BFN Fincap Director Financial Advisor According to the corporation, a good return can be obtained if the investment is made for a long time. Such a good return can easily be found in mutual funds. More than a dozen good mutual funds have paid more than 50 percent in the last one year. The returns of these funds have been better than 12% in the long run. If you invest in these good funds, you can get a return of up to 12% comfortably.

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