Investment is an asset to attain increase in value over a period of time. It requires time,money,and effort. The purpose of investing is to generate returns from invested assets. We can see various types of investments. It helps to achieve financial goals. It helps to allow money to grow. If you invest in a saleable asset.we can earn a good profit from it. There are different types of investments. They are growth investments, shares,property,defensive investments,cash and fixed deposits. First start small investments. You do not need a lot of money to invest. Don’t wait for investments. Increase your investment amount over time. Investing in the future is a simple process.
We can see how to make a 100 crore challenge for our children. It helps to achieve their retirement plan. It is a good idea. They will do 200 chores in their 55 years. We can invest a seed in their life. We can use a mutual fund SIP for this investment.
We can invest a fixed amount of money in mutual funds. SIP is a systematic investment plan. We can invest a fixed amount in a mutual fund scheme at regular intervals. You can give your bank standing instructions to debit the amount every month. It helps to invest in a manner without fear about market volatility. SIP helps the investor to invest a fixed amount at regular intervals in a mutual fund scheme.
You can earn an increased principal amount .you should select a good mutual fund for investment. We can calculate it through a SIP calculator. SIP calculator is an online material that helps to calculate the returns from your SIP investment. We can give inputs to it. It needs an investment amount,expected date of return, investment tenure,etc. We will get chart format and graphical from this calculator.
It works on an investment amount approach. It estimates return of maturity amount based on three categories. They are above average, average and below average. It doesn’t guarantee returns. Actual return higher or lower than estimate.
It requires entering the monthly amount they want to invest in the mutual fund.And enter duration of the investment and expected rate of return. It will automatically calculate the maturity amount. We can invest Rs 2000in an SIP after the birth of a child .We can invest an amount toll the 23 years of child’s age. We can choose the fund. We can select the passive fund of Nifty. Now it has 14 to 15 % return. If it has 10% return, you will get Rs 21 lakhs in 23 years.
They can continue the fund till the age of 55 yrs. After 55yes of age they will get Rs 5.5 crore. If the SIP has 15 % return, after 23 years you will get 48 lakhs. If your child continues till the age of 55 years,you will get 58 crores at the age of 55 . You can invest 3500 in SIP,at 10% return, you will get Rs 37 lakhs at the age of 23 yrs. At the age of 55 years, you will get Rs 10 crore.If you will get 25% return, at the age of 23 years, you will get Rs 84 lakhs, at the age of 55 years, you will get 100 crore.
It helps to give an investment habit to the children. It changes their behavior. We can start an account in the name of a child. You can change the account after 18 years of age. Then the child can invest.