Power of compounding
Rs. 1000 Per MONTH is likely to grow to
Rs. 1 CRORE or more as follows |
| 1 |
12000 |
17 |
1044815 |
| 2 |
26160 |
18 |
1244883 |
| 3 |
42869 |
19 |
1480962 |
| 4 |
62585 |
20 |
1759536 |
| 5 |
85851 |
21 |
2088252 |
| 6 |
113304 |
22 |
2476137 |
| 7 |
145698 |
23 |
2933842 |
| 8 |
183924 |
24 |
3473934 |
| 9 |
229030 |
25 |
4111242 |
| 10 |
282256 |
26 |
4863265 |
| 11 |
345062 |
27 |
5750653 |
| 12 |
419173 |
28 |
6797771 |
| 13 |
506624 |
28 |
8033369 |
| 14 |
609816 |
30 |
9491376 |
| 15 |
731583 |
30.4 |
10145591 |
| 16 |
875268 |
|
|
|
Earn your own Pension upto Rs. 2 lakhs per month
You and your wife can invest Rs. 1000/- each and both of you are likely to get Rs. 1 crore each, i.e. total Rs 2 crore.
Create wealth through Systematic Investment Plans (SIP) of top-ranking Diversified Equity Mutual Funds (Growth Schemes). Bajaj capital represents Mutual Funds promoted by State Bank of India, Life Insurance Corporation of India, Pru ICICI, HDFC, Tata, Reliance, Franklin Templeton, Fidelity etc. Growth calculation chart as under:
Provision for pension
When you get this amount in lump-sum some amount can be invested in regular interest paying Government Schemes paying currently around 9% p.a and some amount can be invested in Diversified Equity Mutual Funds (Dividend pay out option) where approximate yield has been around 18% p.a in the past. You and your wife can expect to earn handsome monthly return (you may call it life-long pension) around Rs.1 lakh per month each i.e. total Rs. 2 lakhs per month for both of you. |
