Mutual Funds: How to get ₹5 crores in 15 years with ₹50 lakh in hand (2024)

FAQs

How to make 5 crore in 15 years? ›

MF Query: Rs 50,000 SIP per month with 10% step up can create nearly Rs 5 crore corpus in 15 years - The Economic Times.

What is 15-15-15 Rule? The rule says to achieve the goal of earning Rs 1 crore, an investor should invest Rs 15,000 monthly through SIP for 15 years, considering a 15% annual return from an equity fund. Consistent adherence to this strategy can lead to significant wealth accumulation.

According to the Upstox SIP calculator, a 40-year-old would need to invest ₹33000 per month for the next 20 years to build a corpus of ₹5 crore by the age of 60, assuming a 15 per cent annual rate of return and monthly compounding.

P2P lending is one of the best options for investing 50 lakhs for monthly income in India, as it offers high returns, low risk, monthly income, tax efficiency and liquidity. Monexo is one of the leading P2P lending platforms in India, that provides a hassle-free and rewarding lending experience for the investors.

Just ₹66,000 per month can help you reach ten crore in 20 years. To reach the ten crore corpus, you'll have to invest about 1.31 lakhs every month. The decision comes down to whether I'm willing to take a bit more risk because I have a slightly longer timeframe for it to unfold.

Consider investing Rs 15,000 per month for 15 years and earning 15% returns. After 15 years, the total wealth will be Rs 1,00,27,601 (Rs. 1 crore). According to the compounding principle, if we implement these very same returns and contributions for another 15 years, the amount we accumulate grows enormously.

The rule is very simple in practice. It asks you to break your in-hand income into three parts. 50% of the income goes to needs, 30% for wants and 20% to savings and investing. In this way, you will have set buckets for everything and operate within the permissible amount for each bucket.

The Names Rule requires that if a Fund's name suggests that the Fund invests in a particular type of investment or investments, or in investments in a particular industry, group of industries, countries, or regions, then such Fund must adopt a policy to invest at least 80 percent of the value of its assets² in such ...

A net worth of approximately Rs 5 crores puts you in the top 1% in the entire world. A net worth of 10 crores in India is likely to put you in the top 0.5% in the country but data is very unreliable because a lot of people own ancestral property which hasn't been really valued.

Let's say you want to become a millionaire in five years. If you're starting from scratch, online millionaire calculators (which return a variety of results given the same inputs) estimate that you'll need to save anywhere from $13,000 to $15,500 a month and invest it wisely enough to earn an average of 10% a year.

How to make 10 crore in 10 years by SIP? ›

Assuming an expected return rate of 12 per cent per year, an investor would need to invest Rs 4.34 lakh per month in equity funds through SIP to create a corpus of over Rs 10 crore in 10 years.

For example, if an individual plan to accumulate ₹50 lakhs over the tenure of 5 years, assuming the individual invests in a Flexicap fund or a Multicap fund which is giving an annualized return of 15%, then the individual needs to invest ₹55,750 per month for 5 years in order to generate the required corpus.

Yes, you can earn monthly income from mutual funds through two main ways: dividend option and systematic withdrawal plan (SWP). The dividend option distributes a portion of the fund's profits to investors periodically, while SWP allows you to withdraw a fixed amount from your investment at regular intervals.

If you have just 15 years until you want to achieve millionaire status, you'd need to invest $2,622.80 per month. This amount is a lot higher because you aren't benefiting as much from the long window of compound growth that happens when your investments earn returns that are reinvested and earn returns of their own.

How to accumulate a Rs 10 crore corpus in 10 years? Assuming an expected return rate of 12 per cent per year, an investor would need to invest Rs 4.34 lakh per month in equity funds through SIP to create a corpus of over Rs 10 crore in 10 years.

If you invest Rs 10,000 every month — 40% of your monthly salary — you can accumulate Rs 1 crore in a little more than 20 years or 248 months. As you can see, the more you can invest, the faster you can achieve your goal.

Even with higher returns, an incremental investment of Rs 25,000 per month (monthly SIP of Rs 60,000) will be required. However, if you continue to invest for 15 years, providing more time for compounding, you can amass around Rs 2.2 crore with your original investment.