But while most people in the world are planning to become rich in 20, 30, 50 years through SIP, it will take you only 10 years. Let’s take an example of a person who does a SIP of Rs 5000 per month. Now if you have more money, you can increase it by 5000 and see, you can make Rs 1 crore from Rs 5000, a common man who is earning Rs 11 lakh. We will just make a slight change in the SIP. Because of that change, mathematically you will see Rs 11 lakh or Rs 1 crore. And if you follow the system, that Rs 1 crore will appear in your bank account as it is. It is an extra 5 minutes of effort. But if you are able to make more than Rs 90 lakh with that extra 5 minutes of effort, then you have to see whether it is worth it according to me or not. I have shared this only with people who are close to my heart and the results are very good. The returns are very good. That is why I am telling you today because you are also a part of my community and search all over the internet. The information that I am going to give you today, you will not find it anywhere else. Meaning people cannot think so much. What do people think? Instead of 12% it will become 13, it will become 14, it will become 15, it will become 18. Invest money in this mutual fund, not in this mutual fund. Today you will understand that if you are investing money in mutual funds then what a big mistake you are making and we will also do SIP in the same way but instead of mutual funds what are we going to do, how are we going to do it? In this video step by step your eyes are going to open and you are going to have a lot of fun. Why did I not know this before? See, what I am going to talk about in this video, if we call this video a concentrated video then it will not be wrong because I have talked about different things before.
Sometimes I have explained in the video the power of SIP, the power of compounding, how mutual funds rob you, what are your benefits apart from exit load expense ratio, all this which you will understand in this video.
So the first thing is that I have worked a little extra, we will talk about one level higher, go from basic to advanced level, but the money that is being made from this is 100% justified. If you do not understand in one go, then watch the video 10 times for free on the internet because it is important to learn what makes money. Let’s understand the point.
See, SIP simply means Systematic Investment Plan, you may already be doing SIP, I have taken the minimum amount that on an average every person does a SIP of Rs 5000, some people do a SIP of Rs 1000. For more than Rs 50000 some people do a SIP of Rs 5 lakh, but you can increase the zero as per your convenience. If a person is doing a SIP of 5,000 and he just says that I will invest in Nifty, what is the average return of Nifty, 12-15%, I have taken 12%, then how much money will be made in 10 years with 12%, now with 12% in 10 years your investment becomes 6 lakh rupees and above 6 lakh rupees, 5 lakh 61 thousand rupees, your return becomes 11 lakh 60 thousand rupees, now if a person had done only FD and taken 7% return instead of 12%, what difference would it have made, so you can see here that his return would have been around 8 lakh 70 thousand rupees, but how is it possible that we can increase this 8 lakh 11 lakh to more than 1 crore, this is possible because our investment is going to remain the same, it is going to be 5,000 rupees per month, but we will need more return here, how much more, now you will think that you will need a very high return, which is not possible in reality You have to understand the whole thing and you will understand that this is possible, so we will go step by step, first of all we understand what you were doing and what you did not want to do, how the SIP you are doing is making you less money but the mutual fund houses, asset management companies are making more money, look at the screen here, we are just going to a screener and we are going to the screener of a mutual fund, now what is this, you invest in any mutual fund, you need to understand a few things, you can see the name of your mutual fund because there are thousands of mutual funds, now which mutual fund is yours out of this, I do not know which one you are investing in, but whichever mutual fund you are investing in, now whether it is active, passive, investing in debt, investing in equity, so many advertisements are running that mutual funds are right, invest money in mutual funds, but two things are not told to you in any advertisement, they are hidden, the first thing is the expense ratio Expense ratio simply means that whenever you do SIP if you are doing 5000, you are doing 1 lakh, for example let’s say 1 lakh rupees goes,