Question: How Can I Become Crorepati In 5 Years?

How much do I need to invest to make 1 crore in 10 years?

One, you should invest around Rs 44,000 every month to create a corpus of Rs 1 crore in 10 years.

We have assumed an annual return of 12 per cent for calculation..

What will be the value of 1 crore after 15 years?

approximately Rs. 36 lakhs1 crore in 15 years use the division factor of 2.8. That means, Rs 1 crore today will be worth (1 crore/2.8) approximately Rs. 36 lakhs after 15 years.

How can I earn 10 crores in 5 years?

l By taking a conservative approach you would need to invest 13.89 or 14 lacs per month crores to reach the 10 crore mark if you wish to make this happen in 5 years. If you can let this happen over 25 years you will need 1.23 lacs invested per month to reach that mark.

What is the best investment for 5 years?

Best Investment Plans for 5 yearsLiquid Funds. Also known as money market fund, these are a type of mutual fund scheme, which invests the money in short-term government securities and certificates. … Savings Account. … Post-Office Time Deposits. … Large Cap Mutual Fund. … Stock market/ Derivatives.

How can I make Crorepati?

B. How to become a Crorepati in 10 yearsConsider your Finances before investing. … Carefully choose a Financial Planner. … Manage expenses wisely to create more savings. … Stay Informed, Stay Focused, Stay Disciplined and be Patient. … Make Planned Investments in the Right Schemes.

Where can I invest 10 crore?

DSP BlackRock World Gold Fund.Franklin India Feeder – Franklin U S Opportunities Fund.ICICI Prudential US Bluechip Equity Fund.Aditya Birla Sun Life Digital India Fund.Mirae Asset Emerging Bluechip Fund.Parag Parikh Long Term Equity Fund.SBI Small Cap Fund.Franklin India Technology Fund.More items…•

How can I invest 10 lakhs wisely?

Have you invested your ₹10 lakhs in these 10 ways?1.Emergency funds.2.Short-term funds.ELSS funds.4.High growth funds.Its all about gold.7.Mediclaim.8.Term Insurance policy.Pay off your high-cost debt.More items…•

What will be value of 1 crore after 20 years?

Hold your breath: you need Rs 3.21 crore to buy the same house after 20 years, accounting for an annual inflation of 6 per cent. In other words, Rs 1 crore would be worth 1/3rd of its value (around Rs 31 lakh) today after 20 years.

What is the safest type of investment?

But some investment categories are significantly safer than others. For example, certificates of deposit (CDs), money market accounts, municipal bonds and Treasury Inflation-Protected Securities (TIPS) are among the safest types of investments. … However, the yield of CDs is relatively low.

How can I get 2 crores in 10 years?

To accumulate Rs 2 crore in 10 years, assuming an annual return of 13 per cent, you need to invest Rs 85,000 per month.

How much should I invest to get 1 crore?

Assuming an annual return of 10%, you would need to invest approximately Rs 9,500 every month to achieve your goal of Rs 1 crore when you are 60 years old. Assuming Rs 2,000 per month in PPF, your equity mutual fund contribution would be Rs 7,500 per month.

How can I make 50 lakhs in 5 years?

How Can You make Rs. 50 lakh in 5 years?1.HDFC Small Cap Fund.2.L&T Emerging Businesses Fund.Parag Parikh Long Term Equity Fund.Mirae Asset India Equity Fund.The Moderate Investor.1.Invesco India Contra Fund.Axis Focused 25 Fund.3.Principal Focused Multicap Growth Fund.More items…•

How can I double my money in 5 years?

How the Rule Works. To use the Rule of 72, divide the number 72 by an investment’s expected annual return. The result is the number of years it will take, roughly, to double your money.

What is the safest investment with the highest return?

Here are 10 safe investments with high returns:Money Market Funds. … Treasury Inflation-Protected Securities. … US Savings Bonds. … Peer-to-Peer Lending. … Real Estate Investment Trusts. … Annuities. … Credit Card Rewards. … Pay Off Credit Card Debt.More items…•

Does money double every 7 years?

The rule states that the amount of time required to double your money can be estimated by dividing 72 by your rate of return. 1 For example: If you invest money at a 10% return, you will double your money every 7.2 years. … If you invest at a 7% return, you will double your money every 10.2 years.