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Give your child a great start in life. By investing as little as Rs. 2,000 per month, and you are
likely to accumulate Rs. 35 lakhs by the time your child is ready for higher studies when he or she is of 20 years of age
or so.
 Create wealth through Systematic Investment Plans (SIP) of top-ranking Mutual Funds growth schemes . THF
represents Mutual Funds promoted by State Bank of India, Life Insurance Corporation of India, Prudential ICICI, HDFC, Tata,
Reliance, Franklin Templeton, Fidelity etc.
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Power of compounding
Rs. 2000 Per month
invested in the sip
(Systematic investment plan) of diversified equity mutual fund
is likely to grow to Rs. 35 lakh
or more as follows |
| 1 |
24000 |
8 |
367848 |
15 |
1463166 |
| 2 |
52320 |
9 |
458061 |
16 |
1750536 |
| 3 |
85738 |
10 |
564511
|
17 |
2089633 |
| 4 |
125170 |
11 |
690123 |
18 |
2489767 |
| 5 |
171701 |
12 |
838346 |
19 |
2961925 |
| 6 |
226607 |
13 |
1013248 |
20 |
3519071 |
| 7 |
291397 |
14 |
1219633 |
|
| | *Calculated at an
expected 18% rate of return per annum from equity Mutual Funds in India, though the average return for the last 10 years has
been more than 35% per annum in top ranking diversified equity MUtual funds
This is a hypothetical example showing power
of compounding and benefit of long term equity investment |
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