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How can I make 15 lakhs in 5 years?

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How can I make 15 lakhs in 5 years?

Assuming an annual return of 12 per cent, you have to invest extra Rs 12,000 per month to create a corpus of Rs 15 lakh in five years.

What can I do with 15 lakhs?

Best Manufacturing Business Ideas Under 15 Lakhs

  1. Pharma Capsule Manufacturing company.
  2. Toys manufacturing company.
  3. Snacks Manufacturing company.
  4. Tissue Paper Manufacturing business.
  5. Notebook Manufacturing business.
  6. Brick Manufacturing business.
  7. PCB board Manufacturing Business.
  8. Yoga Mat manufacturing business.

How can I save 15 lakhs in 4 years?

To create a corpus of Rs 15 Lakhs in 4 years, you need to save Rs 23,000 per month through SIPs assuming annual returns of 12.50\% from balanced funds. To check which are the top performing balanced fund SIPs, do check here https://www.advisorkhoj.com/mutual-funds… Hope the above helps you.

How can I save 15 lakhs in 3 years?

For example, assuming an annual return of 6.5 per cent, you should invest around Rs 37,650 every month to create a corpus of Rs 15 lakh in three years. Assuming an annual return of 8 per cent, you need to invest around Rs 36,750 for the next 36 months to create your target corpus.

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How can I become a Crorepati in India?

How to become a Crorepati in 10 years

  1. Carefully choose a Financial Planner.
  2. Manage expenses wisely to create more savings.
  3. Stay Informed, Stay Focused, Stay Disciplined and be Patient.
  4. Make Planned Investments in the Right Schemes.

Which business can I start with 15 lakhs?

Business Ideas Involving Capital Investment of 15 lakhs

  • Gadget Store.
  • Cleaning Store.
  • An Online Store.
  • Travel Holiday Planning Business.
  • Catering Business.
  • Online Advertisement Business.

What business can I start with 10 lakh?

Best business ideas under 10 lakh

  1. IT or gadget store. The IT or gadget store is the best business under 10 lakh.
  2. Cleaning business. The next new business idea is to start a cleaning business.
  3. Catering business.
  4. Travel business.
  5. Online stores.
  6. Fitness centre.
  7. Spa service business.

How can I invest 10 lakhs?

Have you invested your Rs 10 lakh in these 10 ways?

  1. Emergency funds. There can be times when you will be hit by curveballs and you need to be prepared for it!
  2. Short-term funds.
  3. ELSS funds.
  4. High growth funds.
  5. Gold.
  6. Public Provident Fund.
  7. Health insurance.
  8. Term insurance.
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