How can I earn 5 crores in 15 years?

An annual step-up of 15\% in equity mutual fund is required to achieve the goal of Rs 5 crore in 15 years. According to the step-up SIP calculator, a SIP of Rs 41,500 is required per month for a period of 15 years with an annual step-up of 15\% and assuming 12\% return to generate Rs 5.01 crore.

How can I earn 10 crores in 15 years?

By investing Rs 1,00,000 per month for the next 15 years, you can achieve Rs 10 crore if you are able to generate annual returns of 20.5 per cent across all the schemes you are investing.

How can I become Crorepati in 15 years?

15 x 15 x 15 rule of mutual funds is one of them. In this mutual funds SIP (Systematic Investment Plan) investment, an investor can become a crorepati by investing ₹15,000 per month for tenure of 15 years. This rule says that mutual fund return would be 15 per cent if an investor has such a long-term time horizon.

How to get 10 crore in 15 years?

How to Get 10 Crore in 15 Years Start Investing Via Mutual Funds SIP of Rs. 1,63,200 Per Month If you can spare Rs 1,63,200 every month, start an SIP immediately in equity mutual funds.

How to invest Rs 1 crore at age 52?

By investing Rs 10,000 through monthly SIPs and increasing it by 10\%, you can create a corpus of Rs 1.60 Crores after 20 years. Therefore, your goal of having Rs 1 Crore at age 52 can be easily met. However, from this SIP if you take out the corpus at the end of the 7th year (in 2025), the same will only be Rs 16.50 Lakhs.

How to build a corpus of Rs 1 crore after 12 years?

To get a corpus of Rs 1 Crore after 12 years, you need to invest Rs 31,000 a month in equity mutual fund SIPs (this is based on 12\% return assumption). You are already investing Rs 24,000 a month. Therefore, you need to increase your saving by Rs 7,000 a month in order to achieve the above goal.

How to reach 5 crore in 5 years with SIP?

You will have to contribute nearly Rs 6.12 lakh per month to be able to reach Rs. 5 crore in 5 years at 12 percent annualized returns. But this kind of monthly SIP is possible only if you belong to the high-income group and have surplus funds to invest.