Monthly Earning From One-time Investment: Invest Rs 8,24,99 once to earn Rs 1,44,000 monthly for 30 years; how this mutual fund strategy may work
Monthly Income From One-time Investment: The comfort of having a regular monthly income at 55 years of age without doing anything may sound tempting. But one may achieve it if they start their investment journey a bit early in their career. All they may have to do is to make a mutual fund lump sum investment at 25 years of age, build a corpus, and then start a monthly withdrawal through the systematic withdrawal plan (SWP). They may draw an estimated monthly income of nearly Rs 1,44,000 after making a mutual fund lump sum investment of Rs 8,24,999.
Monthly Income From One-time Investment: Imagine you have just stepped out of your workplace at 55 years of age, and you…