PPF: How much ₹5,000/month gives over 10-50 years?
- If you start your child's investment at age 0: Investing ₹5,000 per month over 50 years totals to ₹30 lakh deposited and earns interest of more than ₹2.40, for total maturity payout of over ₹2.70 crore at age 50.
- If you start your child's investment at age 10: Investing ₹5,000 per month over 40 years totals to ₹24 lakh deposited and earns interest of more than ₹1.07 crore, for total maturity payout of over ₹1.31 crore at age 50.
- If you / your child starts their investment at age 20: Investing ₹5,000 per month over 30 years totals to ₹18 lakh deposited and earns interest of more than ₹43.80 lakh, for total maturity payout of over ₹61.80 lakh at age 50.
- If you / your child starts their investment at age 30: Investing ₹5,000 per month over 20 years totals to ₹12 lakh deposited and earns interest of more than ₹14.63 lakh, for total maturity payout of over ₹26.63 lakh at age 50.
- If you / your child starts their investment at age 35: Investing ₹5,000 per month over 15 years totals to ₹9 lakh deposited and earns interest of more than ₹7.27 lakh, for total maturity payout of over ₹16.27 lakh at age 50.
Power of compounding can make you a crorepati
Disclaimer: This story is for educational purposes only. We advise investors to check with certified experts before making any investment decisions.