How can I become crorepati in 15 years?

Asked by: Prof. Bulah Krajcik  |  Last update: February 9, 2022
Score: 4.6/5 (44 votes)

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 can I become crorepati in 10 years?

How to become a Crorepati in 10 years
  1. Carefully choose a Financial Planner. ...
  2. Manage expenses wisely to create more savings. ...
  3. Stay Informed, Stay Focused, Stay Disciplined and be Patient. ...
  4. Make Planned Investments in the Right Schemes.

How can I get 10 crores in 15 years?

If your portfolio of mutual funds manages to offer an annual return of 14 per cent (Which is lower than CAGR offered by BSE SENSEX since inception in 1979), you would be able to create a corpus of Rs 10 crore in 15 years as show below.

How do you make 1 cr in 15 years?

Investments That Will Take You to 1 Crore in 15 Years
  1. Mutual Funds. Mutual funds not only ensure the growth of the money but also diversify your investments to cut down the risk element. ...
  2. Public Provident Fund (PPF) It is one of the most favourable tax-saving instruments available today. ...
  3. Fixed Deposit. ...
  4. Recurring Deposit.

What is PPF account?

Public Provident Fund (PPF) is a retirement savings scheme offered by the Government of India with the aim of providing a secure post-retirement life to everyone. The minimum deposit you must make in the account per financial year is Rs. 500 and it can go up to Rs. 1.5 lakh.

Invest to earn 1 Crore Rupees in the next 6 years Regular Income,Passive Income कैसे बनाएँ Hindi

42 related questions found

How can I get 15 interest in India?

Top 10 investment options
  1. Direct equity. ...
  2. Equity mutual funds. ...
  3. Debt mutual funds. ...
  4. National Pension System. ...
  5. Public Provident Fund (PPF) ...
  6. Bank fixed deposit (FD) ...
  7. Senior Citizens' Saving Scheme (SCSS) ...
  8. Pradhan Mantri Vaya Vandana Yojana (PMVVY)

How can I earn 1cr?

Here are a few ideas which made more than 1 crore.
  1. Start a blog and build your audience.
  2. Affiliate marketing.
  3. Sell a Course and leverage it by Live training, workshop, mastermind and personal mentorship.
  4. Write several Books.
  5. Dropshipping.
  6. Software as a service.
  7. Build an App which helps 10 lakh people.
  8. Freelance Expert.

How can I invest 1cr in India?

I Would suggest following options for your requirement.
  1. Invest in Commercial real estate (In tier II cities or smart cities ) or real estate investment trust.
  2. Invest in debt mutual funds with duration of 3–5 years.
  3. Invest in blue chip stocks or indexed fund for next 5 years.

Which job gives 1 crore per year?

1. Management Professionals – Jobs with salary over 1 crore. Those who study MBA or PGDM from a prestigious business school get a starting salary of around 12 to 30 lakhs per annum.

How can I get 2 crores in 15 years?

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 can I earn 1cr in a month?

For someone starting at the age of 30 years, saving Rs 300 per day and investing the same at the end of the month in an equity mutual fund SIP is most likely to deliver the first Rs 1 crore in approximately 21 years. Before you baulk, do consider that Rs 250 per day amounts to an investment of just Rs 7,500 per month.

How can I get 2 crores in 10 years?

For you to achieve your target amount of Rs 2 crore, you will either need to increase your monthly SIP amount to Rs 60,000 with an annual top up of 10% or increase your SIP time horizon from 10 years to around 12 years.

What will be value of 1 crore after 20 years?

For example, you can save Rs 1 crore by investing Rs 10000 each month for 20 years, at an assumed growth rate of 12 per cent annually. ... After 20,25 and 30 years, the worth of Rs 1 crore will be about Rs 37.68 lakh, Rs 29.53 lakh and Rs 23.13 lakh respectively assuming an average inflation rate of 5 per cent.

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

1 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 many millions is 2 crores?

For example, 2 crores is equal to 20 millions.

How can we write 2 crore in numbers?

  1. 2 crore. = 200 lakh. Now you know that 2 crore is the same as 200 lakh. Crore and lakh are used in parts of Asia to write larger numbers. = 2 crore. = 200 lakh. = 2,00,00,000.
  2. 3 crore to lakh.

How many dollars is a crore?

10,000,000/40 or 250,000 dollars .

How can I become Crorepati in one day?

You can invest a minimum of Rs 500 in mutual funds every month through a Systematic Investment Plan (SIP). In this, you will get a chance to become a crorepati easily. Mutual funds have given tremendous returns to the people in 25 years.

How can I earn crores in one day?

You must follow 10 following Conditions :-
  1. Full determination to earn one crore with in one day.
  2. High thinking.
  3. Full faith in God and full devotion to God.
  4. Self confidence.
  5. Full Attention.
  6. Morale to struggle with all problems.
  7. Exclude word impossible from your dictionary.
  8. Capable yourself to do all impossible work.

What is the other name of crore?

A crore (/krɔːr/; abbreviated cr), kodi, khokha, karod, karor, or koti denotes ten million (10,000,000 or 107 in scientific notation) and is equal to 100 lakh in the Indian numbering system.

What is HDFC Monthly Income Plan?

HDFC Monthly Income Plan – LTP is a balanced debt-oriented fund that is aggressive in nature. In order to invest in this fund, investors can put in Rs. 5,000, followed by Rs. 500.

What is SWP plan?

A Systematic Withdrawal Plan or SWP allows an investor to withdraw from his/her mutual fund scheme every month on predefined dates. This withdrawal could be a fixed or a variable amount. It could be made on an annual, semi-annual, quarterly, or even monthly basis.

How can I invest in sharemarket?

Step 1: Open a Demat account and ensure that it is linked with a pre-existing bank account to carry out transactions smoothly. Step 2: Sign in to the Demat account via the mobile-based application or web platform. Step 3: Pick a stock that you want to invest in.