What are good 10 year investments?
What are good 10 year investments?
Top Investment Options in India
| Investment Options | Period of Investment (Minimum) | Risks |
|---|---|---|
| Pradhan Mantri Vaya Vandana Yojana (PMVVY) | 10 years | Nil |
| Unit Linked Insurance Plan (ULIP) | Less or equals to 45 years | High |
| Post Office Monthly Income Scheme (POMIS) | 5 years | Nil – Low risk |
| Initial Public Offerings (IPO) | NA | Moderate-High |
How to become a Crorepati with your investments?
In resolving the query of how to become a crorepati with your investments, Fund selection is a skill and should be driven by careful research. You can find the list of recommended funds at Paisabazaar. You should also periodically review your portfolio and rebalance your funds to remove underperformers.
What is become a crorepati calculator?
Become a Crorepati Calculator helps you calculate how much money you need to save monthly to become a crorepati. Check out the Top SIP (Systematic Investment Plan) mutual fund schemes to invest We were unable to load Disqus Recommendations.
How to make Rs 1 crore in 10 years?
Making Lump sum or SIP investments into Mutual Funds can help in accomplishing the target in just few years. If you want a bank balance of Rs 1 crore in 10 years you will need to invest Rs 50,000 per month. However, if you seek to make the same amount in half the time (5 years), the monthly SIP amount will triple to Rs 1.30 lakh per month.
Is investing Rs 1 crore in stocks a good idea?
Remember that because of inflation, the value of money falls over time. Rs. 1 crore is a big amount at present but in relative terms the purchasing power parity could lessen. Hence, you should try and invest as much as possible in order to achieve this target as early as possible.