FAQs
The answer is Yes. ETMutualFunds did some data crunching and found that a monthly SIP of Rs 20,000 would have turned you into a crorepati in a decade. The toppers in the list were from Quant Mutual Fund. A monthly SIP of Rs 20,000 in Quant Small Cap Fund would have grown to Rs 1.04 crore in the last 10 years.
How much do I have to invest to get 1 crore? ›
To make a corpus of Rs 1 crore in 10 years, one must invest Rs 44,000 monthly. With an estimated yearly return of 12 per cent, investing Rs 44,000 per month means Rs 5,28,000 a year, and Rs 52.28 lakh in 10 years.
Which mutual fund can make you rich? ›
To become rich, you need to grow your money and outpace the rising cost of living. This is where equity mutual funds step in as formidable allies in your financial journey. These funds primarily invest in stocks, which historically have shown the potential for higher returns compared to inflation rates.
How much to invest in SIP to get 1 crore in 20 years? ›
With a SIP amount of Rs 10,000 with 0% annual increase, the investor will be able to reach Rs 1 crore in 20 years and 1 month. With a SIP amount of Rs 20,000 with 0% annual increase, the investor will be able to reach Rs 1 crore in 15 years and 0 month.
How much will I get if I invest $10,000 in mutual funds? ›
Power of compounding
Compounding is the process of earning income on your principal investment plus the income earned. For instance, if you invest Rs. 10,000 in a mutual fund (at 10% interest rate per annum), you gain an interest of Rs. 1,000 at the end of the year.
What happens if I invest $10,000 a month in SIP for 10 years? ›
It has given 25.96 % annualised returns in ten years. The calculator shows that a monthly SIP of ₹10,000 in this fund could have grown to approx. ₹57,53,702 in ten years. The mutual fund calculator shows how a lumpsum investment of 1 lakh grew more than five times in ten years.
How much should I invest to get $50,000 per month? ›
Assuming the average return on investment from SDI is 14% annually, you will need to invest approximately INR 43,00,000 to get INR 50,000 a month.
What is the value of 1 CR after 10 years? ›
Value of 1 Crore after 10, 15, 25, 50 years
| In 10 years | In 30 years |
---|
Worth | 50 lakhs | 13 lakhs |
Division Factor | 2 | 7.6 |
Oct 13, 2023
How much will I get if I invest $50,000 in mutual funds? ›
Considering 8% returns, an investment of Rs 50,000 can fetch you Rs 2,33,051 in 20 years. Not suitable for long-term wealth creation or investors with a high-risk appetite.
Do billionaires use mutual funds? ›
High net worth individuals put money into different classifications of financial and real assets, including stocks, mutual funds, retirement accounts and real estate.
Therefore, an investor can also become susceptible to making wrong investment decisions in his eagerness to make a lot of money quickly. So, can a person become rich by investing in mutual funds? Yes, it is possible!
Can you make a living with mutual funds? ›
If you have a substantial amount to invest, you can potentially earn enough dividend income to meet your needs, but a diversified portfolio is likely to serve you better over the long term.
What is the 8 4 3 rule in SIP? ›
The 8-4-3 investment rule provides you with a clear path for your mutual fund investments. It tells you that if you stay invested for long, the magic of compounding comes in and you make more money in less time as your investment age.
How much is 1000 rupees SIP for 10 years? ›
(You must convert the rate of return to the monthly figure through dividing by 12). You also have n = 10 years or 120 months. FV = Rs 1,84,170. So, the future value of a SIP investment of Rs 1,000 per month for 10 years at an estimated rate of return of 8% is Rs 1,84,170.
What happens if I invest $20,000 a month in SIP for 10 years? ›
Given that performance, if one would started investing Rs 20,000 monthly through SIP in this fund 10 years ago, they would have got Rs 1.01 crore with capital gains of Rs 77.18 lakh. The expense ratio of the scheme is 0.77 per cent against the category average of 0.62 per cent.
How can I become a Crorepati by mutual fund? ›
Starting SIPs in your 20s to the tune of ₹8,000 per month into quality equity funds delivering 12% CAGR can make you a crorepati by 45 and amass ₹5 crore by 60," said Ashish Aggarwal, Director, Acube Ventures.
How to become crorepati by investing in mutual funds? ›
If you invest according to the formula of 15X15X15 at the age of 25, then you can become a crorepati by the age of 40. But for this, your income should be around Rs 80,000 per month. According to financial rules, 20 per cent of the income should be saved and invested every month.
How to make 1 crore in mutual funds? ›
Systematic Investment Plan (SIP) For 1 Crore
- Fund Category. An investor must choose the mutual fund category for investment purposes. ...
- Scheme. A category comprises several schemes. ...
- Potential Investment. An investor must have an idea of how much he can invest every month to achieve the target. ...
- Risk Appetite.
How to make 1 crore in 5 years in mutual funds? ›
Thus, a combined monthly contribution of Rs 1.30 lakh would create a corpus of over Rs 1 crore in 5 years. Kukreja says an investor can split their equity SIP contributions equally between large-, multi asset, and flexi cap funds.