4500 x 12 months = 54000 per year 54000 x 20 years = 10,80,0000 Estimated compound interest for 20 years @14% = 44 lacs, but this not gurantee Estimate is interest income on fund Estimated interest payable on housing loan is 58 lacs
Can any one give assurance about the high returns in SIP ? Who can guide n help the people who dont have awareness n skills of funding in a properway to get atleast 14 or 15 percent in SIP?
Mutual funds are subjected to market risks,No assurance given to any mutual fund or share market ...its purely depends on Market fluctuations and policies and Economy n international aspects and so on