How much to invest monthly to create a corpus of Rs 2 crore in 10 years (2024)

FAQs

How much to invest monthly to create a corpus of Rs 2 crore in 10 years? ›

To reach your target of Rs 2 crore in 10 years, you'll need to increase the monthly SIP by Rs 40,000, taking it to Rs 75,000. Alternatively, you could consider raising the SIP to Rs 50,000 per month and gradually increasing it by 10% each year.

Assuming an annual return of 12% on your investment, you need to invest around Rs 86,081 every month to create a corpus of Rs 2 crore in 10 years. You can start with whatever you can invest, and increase it every year as your salary goes up. This strategy will help you to achieve your target.

In order to make 1 crore in 10 years, here are the following amount one needs to invest. An individual can invest INR 38,050 to get 15% annual interest. Hence, in 10 years, the amount will be INR 1,0,09,124, and the investor will achieve the target of making 1 crore in 10 years.

You should try to invest at least 20-30% of your in-hand salary in equity mutual funds for the long term. Assuming 12% CAGR returns in equities for 14 years till you are 50, if you invest Rs 25,000 per month via SIPs in equity mutual funds, you shall be able to generate around Rs 1.09 crore.

Locking your ₹2 crore corpus into a large bank (HDFC, ICICI, SBI) FD for 3 to 4 years could indeed generate a predictable monthly income of ₹1-1.2 lakh. Investing in FDs currently can help you create a high corpus for your retirement.

Rs. 2 crore will sustain withdrawals for 25 years only. Need to hike target to Rs. 3 crore or defer retirment by 5-6 years.

So, to double your money, the only way is to invest via a senior citizen account for 10 years. If you invest ₹1 lakh, for instance, for a period of 10 years, the investment becomes ₹1.96 lakh for regular citizens and ₹2.06 lakh for senior citizens.

50k per month is really good if you can do it.! if you are married and having a child, then managing in 40k is to have a tight hands on budget! All the best!

Assuming the average annual dividend yield to be 7%*, you would need to invest INR 85,00,000 to get approximately INR 50,000 per month. *The average dividend rate is calculated from the top 15 dividend-yielding stocks.

How to accumulate a Rs 10 crore corpus in 10 years? Assuming an expected return rate of 12 per cent per year, an investor would need to invest Rs 4.34 lakh per month in equity funds through SIP to create a corpus of over Rs 10 crore in 10 years.

What happens if I invest $20,000 a month in SIP for 10 years? ›

A monthly SIP of Rs 20,000 in Quant Small Cap Fund would have grown to Rs 1.04 crore in the last 10 years. The scheme gave an XIRR of 27.73% in the same period. Quant ELSS Tax Saver Fund would have turned a monthly SIP of Rs 20,000 into Rs 95.38 lakh with an XIRR of 26.04% in the last 10 years.

Due to being market linked, there is no guaranteed return in SIP. Its returns are based on the market. But in the long term, it can also give returns of up to 15 and 20 per cent. Its average return is considered to be 12 per cent.

1. Fixed Deposit (FD) Offering a much higher interest rate than a regular savings account, fixed deposits with banks are still considered one of the safest investments.

The "100 minus your age" rule has been applied in our computations. Another crucial aspect is the return assumption for asset classes like equity and debt. If someone is 60 and needs an additional income of Rs 1 lakh per month, he will need a retirement corpus of Rs 2.57 crore to sustain till 90 years.

At present, your potential to invest is ₹60,000 per month and if you keep investing the same amount every month for the coming 10 years, you will be able to build a corpus of ₹1.2 crore at 10% p.a. and ₹1.33 crore at 12% p.a. You need a monthly investment of ₹1.15 lakh to reach your goal of ₹3 crore.

Increase SIPs by 10% every year to reach goal. Opt for maximum 75% allocation to equity in the NPS. Review investments and rebalance at least once in a year. Reduce risk when goal is near so that you don't miss the target.

An investment of Rs 20,000 a month will help you amass Rs 2 crore, which would last for roughly 27 years after retirement. Invest only after recalculating your projected expenses and accounting for inflation. You can invest in blue-chip and passive funds to build your retirement corpus.

Final answer:

To determine the ROI needed to double an investment in 10 years, you would use the Rule of 72, which indicates that a 7.2% ROI is necessary. Similarly, an ROI of 9.0% is required to double an investment in 8 years.