How to become a crorepati is one of the most common questions that tax and investment experts answer on a daily basis. However, to answer this question, they don't change the investment rule that they advise to those who don't ask this question. To all those investors who want to know how to become rich or retire with enough wealth in their bank account, tax and investment experts have just 4 words to say  - 'Mutual Funds Sahi Hai.' They say that mutual funds interest rate over the long-term is around 12 per cent. However, they said that long-term means 10-15 years. But, they advised to go further deep by more than 25 years if they want to reap 14 to 16 per cent mutual funds interest rate returns on their money.

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Mutual funds return in long-term
Speaking on the mutual funds investment SEBI registered tax and investment expert Jitendra Solanki said, "In long-term perspective, small-cap mutual funds are most suitable as they grow at a faster rate. In fact, when one goes for long-term investment, say 10-15 years, the minimum mutual fund return would be 12 per cent. So, mutual funds are better for those who want to invest for long-term."

Why to trust 'mutual funds sahi hai' slogan
Advising mutual fund investments for as long as possible, Kartik Jhaveri, Director, Wealth Management at Transcend Consultants said, "Mutual fund investments are subject to market risk. However, in the case of long-term mutual fund investment, the risk factor goes down as double digit growth is the least return that one can expect in the long-term time horizon."

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Mutual funds interest rate on very long-term
Advising mutual fund investors to start mutual funds SIP (Systematic Investment Plan) in the early phase of one's career Jhaveri said, "Mutual Fund SIP makes it possible for the youth to start investment in recurring mode when they don't have a lump sum amount to invest. SIP addresses this problem of a youth and if investors start doing SIP in the early phase of their career, and go on investing for 30 years so their problem is solved." Jhaveri said that if an investor invests for 25 years or more, then expect 14 to 16 per cent return on money invested.

What mutual fund calculator says?
Assuming Kartik Jhaveri and Jitendra Solanki's views on the mutual funds SIP for long-term, if an investor invests Rs 2,100 for 30 years, one can expect to get 14 per cent on one's money. Using a mutual fund calculator for the same monthly SIP for 30 years assuming the least 14 per cent return, one will get Rs 1,16,69,817 maturity amount at the time of mutual fund redemption.

The mutual fund calculator says that during the 30 years of investment, one would be investing Rs 7,56,000 and the mutual fund interest accrued will be Rs 1,09,13,817 that makes the maturity amount of Rs 1,16,69,817.