You will need to invest Rs 2.15 Lakh per month to male 5 crore in 10 years. (Assuming 12% Returns) or, if you want to start small and reach the desired corpus, you may start investing Rs 1.48 lakh per month and increase your investment amount every year by 10%. This will also help you achieve 5 crore in 10 years. But, how to do it.. Well, you can start investing via SIP on the ET Money App. And the best part, ET Money allows you to change your SIP amount at anytime . Hope this helps.
Why do you put NPS in this list ? You cant touch 40 % of the final NPS corpus, and will be forced to take an annuity from an insurance company at 6 % /year. Guys, don’t fall for NPS trap. Just put your hard earned money in flexi cap, large and mid cap, and mid cap mutual funds.
so informative thanks
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What is the value of 1 cr after 30 and 40 years
How much should I invest monthly for a corpus of 5 crores in 10 years time?
2.15lkh assuming 12% returns for 10 yrs without stepup sip
You will need to invest Rs 2.15 Lakh per month to male 5 crore in 10 years. (Assuming 12% Returns)
or,
if you want to start small and reach the desired corpus, you may start investing Rs 1.48 lakh per month and increase your investment amount every year by 10%. This will also help you achieve 5 crore in 10 years.
But, how to do it.. Well, you can start investing via SIP on the ET Money App. And the best part, ET Money allows you to change your SIP amount at anytime .
Hope this helps.
Why do you put NPS in this list ? You cant touch 40 % of the final NPS corpus, and will be forced to take an annuity from an insurance company at 6 % /year. Guys, don’t fall for NPS trap. Just put your hard earned money in flexi cap, large and mid cap, and mid cap mutual funds.
It all depends on the needs, and risk tolerance level of investors. We have given a list of options. It is not a recommendations list from us.
They are all defensive stocks