Dreaming big? A Goa villa, overseas education, or retirement? Discover how a single investment can grow into a ₹1 Crore corpus in just a decade. Let's break down the magic of lumpsum investing!
Want to turn a lumpsum into ₹1 Crore in a decade? With a realistic 12% annual return, you'll need to invest approximately ₹32.2 Lakhs today. That's the incredible power of compounding!
Time is your biggest asset! A decade gives compounding enough room to truly explode and helps your investment ride out market ups & downs, leading to better risk-adjusted returns.
For long-term wealth creation, consider Flexi-Cap Funds (agile), Large & Mid-Cap Funds (growth + stability), or Balanced Advantage Funds (volatility control). Diversify across 2-3 options.
Don't try to time the market, invest in too many funds, or react to daily market noise. Also, avoid chasing past returns blindly and forgetting about inflation's impact.
Your portfolio needs periodic check-ups. Review and rebalance every 6-12 months, assess fund performance, adapt to goal changes, and plan for tax efficiency to maximize your gains.
Explore different scenarios and plot your own path to financial freedom! Visit sipplancalculator.in to use our Goal & SIP Calculators now and start your journey.