Save LAKHS on LOANS with MUTUAL FUNDS! | Ankur Warikoo Hindi

"So, how much money did we spend in total in two years to get this loan of Rs 1 lakh? In personal loan, it was around 240000 and in LAMF, it was around 22000. So, this means you saved around Rs 15,000 over two years as a percentage of the loan amount."

"So, at the end of two years, you would have paid around Rs 1 lakh for the personal loan and around Rs 560,000 for LMF, which means saving of Rs 4 lakh in two years"

"The ₹ 1 lakh that Chunnu sold resulted in a loss of ₹ 1 lakh for that over a 10 year period."

"In 20 years, Munnu will have ₹ 28 lakh more. It would be 28 lakh rupees because Chunnu had sold ₹1 lakh after 5 years but he did not sell it; he bought a lamp."

"The usual rate of interest? Interest, if you look here, is at 9 to 11, where when we talked, I think the volt was 10.45 or something"

"The usual rate of interest? Interest, if you look here, is at 9 to 11, where when we talked, I think the volt was 10.45 or something and in smaller case it was around 10.65 or something 10.75,"

"If you look at the rate of interest, here it is 11.15. The effective rate which is against shares, mutual funds, you can also take against SGB, which are sovereign gold bonds, that is 10.65."

"If you look at the rate of interest, here it is 11.15. The effective rate which is against shares, mutual funds, you can also take against SGB, which are sovereign gold bonds, that is 10.65."

"if you have debt mutual funds which have fixed rate of return, you get eligibility for them at 75, that means if you have Rs 1 lakh in debt mutual funds, then you can get a loan up to Rs 0,000,"

"whereas in equity mutual funds, you get it at 45 because there is more risk in them, so naturally when you are pledging them, it can happen that their value may decrease or increase,"

"every month with full intensity, the money is deducted on the same date, it will keep growing regularly, after 5 10 15 20 years when you will have crores of rupees, you will not even realize"