investments under rs.100, just 1000 rupees is enough.. you can buy 1 pound of gold.. how about that? – Top rated debt mutual fund investments below rs.1000

by time news
It is a well-known fact that investing in mutual funds does not require huge amounts of money. In recent times, the price of gold has been skyrocketing due to the rise in prices.

Even if the middle class should buy a pound of gold, it is a bit difficult in today’s environment. Because today the price of one pound of jewelery gold has crossed Rs.40,000.

So flipping such a large amount in total is a bit difficult. So if you want to add jewels to your child’s future, if you invest 1000 rupees monthly in SIP mode in mutual fund schemes, you will get a profit of up to 70,000 rupees in 3 years.

Aditya Birla Sun Life Medium Term Plan SIP by Aditya Birla Sun Life Mutual Fund has returned over 40% on its investments in the last one year.

Aditya Birla Sun Life Medium Term Plan:

This type of mutual fund belongs to the category of debt fund. The minimum SIP investment amount for this fund is Rs.1000. This fund is rated as a savings scheme with low market risks and high returns.

If you have invested Rs.1000 in this fund since last year and 40% profit at the end of one year, today you will have got Rs.16,800 (Rs.4,800 profit).

If you invest Rs.1000 per month continuously for 3 years in this fund, you can definitely buy gold jewelry.

Disclaimer: Mutual fund schemes are subject to market risks. Consult your advisor before investing and invest at your own discretion.

You may also like

Leave a Comment