If you start Investing Rs.10000 per month in Good Equity Mutual Funds/Tax Saver Equity Fund for 12 years, the Value of your Investments AFTER 12 years will be as Below :
Rs. 23 Lacs if Rate of Growth is 7%
Rs. 28 Lacs if Rate of Growth is 10%
Rs. 40 Lacs if Rate of Growth is 15%
Rs. 57 Lacs if Rate of Growth is 20%
Rs. 81 Lacs if Rate of Growth is 25%
After Retirement you may OPT for Systematic Withdrawl Plan ( SWP) to recieve Fixed Amount on PRE-DETERMINED Date Every month.
You may Start Investing in 4-5 GOOD EQUITY
Funds/Tax Saving Funds on Different Dates.
- Birla Sunlife Frontline Equity Fund/
Tax relief`96