How can I earn a crore in 5 years?

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How can I earn a crore in 5 years?

To accumulate a corpus of Rs 1 Crore in 5 years, with an expected rate of return as 9 \%, you would have to start a monthly SIP of Rs 131597 per month.

How do you make a corpus of 1 crore in 5 years?

How to Build a Corpus of Rs. 1 Crore for Your Child

  1. Real Estate. Talk of Indians and real estate is their first love! (
  2. Investing in Gold. Another favorite way of accumulating wealth is by investing in gold.
  3. Fixed Deposits. We all know that Indians adore FDs!
  4. Insurance.
  5. Investing in Mutual Funds.
  6. Small Cap Mutual Funds.

How can I earn 1 crore in 5 years Quora?

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.

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How can I earn 1 crore in one year Quora?

To earn 1 crore in 1 year, you need to at least earn 8.33 lakhs per month….Let’s calculate 1 crore into USD.

  1. 1 Crore = 1,35,500 USD..
  2. 1,35,500/12= 11250 (Monthly).
  3. 11250/30= 375 (Per Day).

How to invest Rs 1 crore in 5 years?

To get to Rs 1 crore in five years, you need to invest at least Rs 1.2 lakh, assuming an annual return of 12 per cent per year. You might get around Rs 45 lakhs if you invest Rs 50,000 for five years.

How much does it take to make 1 crore in moneymoney?

Money is a numbers game! Do the math for your number! Making 1 crore is easy if you can convince people to pay you. To achieve this Goal in reality it takes 3–5 years. To make 1 crore you want to earn 3 lakh per month on average for 3 years.

Is it possible to earn 1000 Crores in 5 years?

If I want to earn 1,000 Crores in 5 years, that may be an impossible task, but earning 1 Crore was achievable task. It is relevant. Means, I can do it which would be useful for my future financial status.

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How much can you invest in sips to grow to Rs 1 crore?

For example, Rs 20,000 invested through a monthly SIP for about 15 years can grow to over Rs 1 crore, if you assume a rate of return of 12 per cent, says Nimesh Shah, MD & CEO, ICICI Prudential AMC. So how does one go about it? Read on