Share This Post

Startup

How long would it take to make your Lakh into a Crore ?

Suggest the shortest time and methodlogy, within the legal / acceptable framework.

 

 

Comments

Share This Post

4 Comments

  1. a lifetime.or just few minutes..

  2. Pankaj,

     

    Here is the calculation:

     

    Invest for 25 years in long term pure equity funds like an HDFC 200 or likes (if their tenure gets over then flip to a similar type) – You shouldnt liquidate at least for 5-7 years after investing.

     

    I have taken 20% annual growth (ONLY happens when u stay invested long term – harmonised – as amply shown in tables after tables in financial papers):

     

    Year Amount Invested Growth 20%
    1 100000 120000
    2 120000 144000
    3 144000 172800
    4 172800 207360
    5 207360 248832
    6 248832 298598
    7 298598 358318
    8 358318 429982
    9 429982 515978
    10 515978 619174
    11 619174 743008
    12 743008 891610
    13 891610 1069932
    14 1069932 1283918
    15 1283918 1540702
    16 1540702 1848843
    17 1848843 2218611
    18 2218611 2662333
    19 2662333 3194800
    20 3194800 3833760
    21 3833760 4600512
    22 4600512 5520614
    23 5520614 6624737
    24 6624737 7949685
    25 7949685 9539622
    26 9539622 11447546
  3. Here is the factual data from https://www.mutualfundsindia.com/rankfund_rpt.asp

     

    TOP 15   FUNDS  – PERIOD (LAST 5 YEARS)

    Rank Scheme Name Date NAV (Rs.) Last 5 Years %
    1 Reliance Diversified Power Sector Fund – Growth  Jan 7 , 2011   79.4313 27.8356 
    2 IDFC Premier Equity Fund – Plan A – Growth  Jan 7 , 2011   33.465 26.79 
    3 Reliance Regular Savings Fund – Equity – Growth  Jan 7 , 2011   32.0973 26.1744 
    4 Reliance Banking Fund – Growth  Jan 7 , 2011   103.1749 25.7205 
    5 Reliance Pharma Fund – Growth  Jan 7 , 2011   57.2827 25.4995 
    6 HDFC Top 200 – Growth  Jan 7 , 2011   217.042 21.5585 
    7 HDFC Equity Fund – Growth  Jan 7 , 2011   287.222 21.3156 
    8 Birla Sun Life Frontline Equity Fund – Plan A – Growth  Jan 7 , 2011   91.46 21.2312 
    9 Sundaram Select Midcap – Growth  Jan 7 , 2011   156.105 21.1586 
    10 HDFC Growth Fund – Growth  Jan 7 , 2011   89.763 20.9263 
    11 DSP BlackRock Top 100 Equity Fund – Growth  Jan 7 , 2011   103.821 20.8349 
    12 ICICI Prudential Infrastructure Fund – Growth  Jan 7 , 2011   30.91 20.5874 
    13 UTI Banking Sector Fund – Growth  Jan 7 , 2011   42.74 20.4509 
    14 ICICI Prudential Dynamic Plan – Growth  Jan 7 , 2011   109.0283 20.397 
    15 Principal Large Cap Fund – Growth  Jan 7 , 2011   29.9 20.2495 
    *Note:- Returns calculated for less than 1 year are Absolute returns and returns calculated for more than 1 year are compounded annualized.

  4. @ Alok,

    Thanks. The information is useful for many who are yet to understand the merits of long-term investments; but, probably, this would be true and applicable for those who have spare money to keep aside and forget it. Also, the the age factor is important. For someone who can keep aside Rs.1 lakh at the age of, say, 28 years, he would be rewarded with a retirement bonus of a Crore +.

    I recommend that you also start the “Rodinhood Fund Management”, as the faith and trust has already been achieved by you.

Comments are now closed for this post.

Lost Password

Register