Can you save Rs 1000 per month? Then no need to get tensed about your children's marriage and education

Save for a rainy day.... Investment plans make this saying come true. Income, however small it may be, should be used appropriately. Then life can be carried on without tension.

Mutual funds are an investment scheme that can be adopted by any common man, even though the name may not seem suitable for us. Not clear what is being talked about? Let's clarify the doubt...

Mutual funds collect small amounts from many people like you and invest it as a large amount in the stock market or bonds. You can withdraw money whenever you want or after a certain period of time. You will be amazed at the size of the amount you will get. The number of people who understand this concept and invest in mutual funds is increasing every year.

The minimum deposit is one thousand rupees. That means the minimum amount a person can deposit per month is one thousand rupees. Depending on the size of the money in hand, one can deposit any amount above it. If you invest Rs 1,000 in a fourteen-year plan, the total investment will be Rs 1,44,000. However, you may get up to Rs.2,59,000!!!

This is what sets mutual funds apart from other investment schemes. The risk involved is lower compared to directly investing in stocks.

The best way to invest is to invest for longer periods rather than short periods. This is how you get the best income. Start investing wisely.