12-12-25 formula of SIP will make the youth a millionaire, know how to work
Sip calculator: Financial experts say that the sooner you start investing for future preparations, the more benefit you get. In today’s time, many youths who have started jobs have also started investing by removing a part of their salary. If you are also young and want to create a fat fund for future needs, then we are going to tell you about a great way of investing here, which you can become a millionaire by following. Here we will tell you about 12-12-25 formula of mutual fund SIP.
12-12-25 formula of SIP
Mutual fund SIP is considered a luxurious and impressive investment tool for long term investment. The sooner the SIP starts and the longer run, the more benefit it benefits. The first 12 in SIP’s 12-12-25 formula means SIP of Rs 12,000 every month, the second 12 means an average of 12 percent of the estimated return and 25 means you have to start investing from the age of 25 every year.
Fund of Rs 2 crore can be prepared in 25 years
If you start investing with 12-12-25 formula of SIP, then you can prepare a fund of Rs 2.04 crore in a period of 25 years. This directly means that when you are 50 years old, then you will have a fund of Rs 2 crore according to this. Apart from investing in mutual fund SIP, you also have to keep in mind that there is a lot of risk of stock market in it. Along with this, you also have to keep in mind that you will also have to pay a capital gains tax on the returns from SIP.
Disclaimer: This article has been written only for the purpose of information. Before any type of investment or before taking financial risks, consult your financial advisor. India TV will not be responsible for any type of risk.
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