SBI Mutual Fund – Invest only 1000 rupees (per month) in this fund of SBI and get a return of 70 lakhs! Invest in this fund like this!
SBI Mutual Fund – There are many people who do not have a lot of money, but they want to invest. So even if you do not have a lot of money, but you want to invest. So in today’s post we will tell you about one such method.
In which you can invest only 1000 rupees (per month) and can get returns of thousands of rupees in no time! So let’s know, let’s see more about this method, how you can earn in thousands from it.
Invest in Mutual Funds sitting at home
There are many such means in the market, such as Bank Deposit, Gold, Property, Bank Scheme (SSY, Post Office Saving Scheme) and LIC Policy in which you can earn money by investing money. But through all these investments, you get very little interest. And in most of the schemes, you have to invest a large amount of money.
But you can invest money in Mutual Funds as compared to these investments. And you can earn money with much more money than these investments. Mutual Funds These are such funds, through which you can invest in the share market, bonds and securities. And you can get up to 15% interest (at the rate of compound interest) annually. You can also invest a minimum of Rs 100 per month in mutual funds.
Invest in this new Mutual Fund of SBI
There are many mutual funds, in which you can invest a very small amount of money and earn a good amount over a long period of time. Recently, State Bank of India has launched SBI Balanced Advantage Mutual Fund, in which you can earn very well in the long run by investing 1000 rupees monthly. This fund of SBI is Balance Fund, due to which the risk is less in it. And this fund has the ability to give you 15% return in future.
Received Rs 70 lakh from 1000 monthly investment
If you invest Rs 1000 per month in this fund. And if in future you get a return of 15% on this fund. So in 10 years you will accumulate Rs 1,20,000 and the total value of your money will be Rs 2,78,657! And if you keep investing Rs 1000 per month like this. So in 20 years you will get Rs 2,40,000 and the total value of your money will be Rs 15,15,955! If you only give 10 years more to this investment. So in 30 years you will get Rs 3,60,000 and the total value of your money will be Rs 70,09,821!
These documents will be required for making investment
- Aadhar card (mobile number should be linked)
- pan card
- bank proof
- live photo
- Nominee Aadhar Card
- If you have these documents, then you can invest in mutual funds.
How to invest in SBI Balance Advantage Mutual Fund
You can invest in mutual funds in two ways. The first way is through direct mutual fund apps like Groww and the second way is through mutual fund distributors. You can easily invest in mutual funds through Groww app. But if you do not know how to invest in mutual funds, then you can contact this Mutual Fund distributor on WhatsApp number 9516069079. And by taking more information about Mutual Funds, you can start your investment in Mutual Funds from today itself.
Note:- Mutual Fund investments are subject to market risks, read all scheme related documents carefully.