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If you want to reach a target of rs. Saving ₹5 crore in 10 years may sound like a challenging goal, but it’s achievable with a disciplined investment plan. Just enter the monthly invested amount (the amount for which you have started the sip), the number of years for which you want to stay invested, and the expected rate of return.
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If you start investing at the age of 40 and want to reach the target by age of 50, you have 10 years. 2.42 lakh to save rs. If one invests rs 15,000 monthly in an sip, increases their investment by 5 per cent annually, and gets a 15 per cent annualised return, they can reach the rs 12 crore corpus in.
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Moneycontrol's crorepati calculator will tell you the exact monthly amount you should invest in becoming a crorepati at a particular.
At this rate, the total amount. As you can see, for average annual returns of 10%, you will need a monthly systematic investment plan of rs. To hit this target, choosing the right investment option is critical,. 5 crore in 10 years.
Enter the expected rate of return from investments. Various crorepati calculators are available to assist you in determining the appropriate savings amount needed to reach targets of rs 3 crore or even rs 5 crore,. An investor will have to invest rs 2.15 lakh per month for 10 years if the individual intends to create a corpus of rs 5 crore at the end of 10 years. Based on the estimated rate of return and investment horizon, we can calculate the required monthly investment amount to achieve your target corpus of ?5 crore in 15 years.
So, vijay is looking for an investment tool that would enable him to make ₹ 5 crore in 15 years.
