What is Micro-SIP Schemes? In which people are making millions with an investment of just 100 rupees a month. - Newztezz Online


Sunday, March 14, 2021

What is Micro-SIP Schemes? In which people are making millions with an investment of just 100 rupees a month.

Everyone wants them to deposit some part of their income or invest it. 
The special thing is that now there are many ways in the market to invest, so that you can easily invest even less money. If you want you to invest only 100 rupees then you can do the same. Yes, you can invest only by saving about one hundred rupees every month and its returns are also good.

For this, you can resort to Micro-SIP. You can get micro-SIP done and through this you can start investing from 100 rupees. Let me tell you that even a small investment of 100 rupees can give you lakhs of rupees in a long time. This is a new type of micro-SIP investment method, which is mutual fund only. In such a situation, you know how you can invest in it and how you can invest in it…

How much can be beneficial?

If you do SIP of 100 rupees every month, then in one year you will deposit 1200 rupees. If we look at the same, this amount will be up to Rs 24000 in the coming 20 years. Now if you consider up to 12 percent return on this amount every year, then this amount will be Rs 98925. In this case, after 30 years, it will be around 3.5 lakh rupees. At the same time, if you see this in 50 years, then it will be 39 lakh rupees.

Where you can automatically invest a certain amount of money in a mutual fund at weekly or monthly intervals as per your convenience. It is like an RD. Micro SIPs are for those who do not have a huge amount to invest. It is useful for low income students, it is also a good plan for students and children who receive pocket money.

Can start from 500 rupees

You can get good returns in a few years through SIP. For this, you can invest at least 500 rupees a month. According to Feroz Aziz, deputy CEO of Anand Rathi Wealth Managers, if you invest 1000 rupees every month, then you can earn up to 20 lakh rupees in 20 years. If someone invests only 1000 rupees every month through SIP for 20 consecutive years, then in 20 years, you can deposit a corpus of up to 20 lakh rupees. At the same time, if you make the same investment for the next 30 years, then after 30 years you can get up to 50 lakh rupees.

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