Guidelines

How do you get 1 cr in 3 years?

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How do you get 1 cr in 3 years?

Each monthly SIP that you invest must compound itself at 155\% per annum to enable you to reach Rs. 1 crore in 3 years. The best case returns that you can expect on an equity fund are around 17-18\% annualized. Even that is only under extremely good market conditions.

Which MF lumpsum is best?

What Are the Best Mutual Funds for Lumpsum Investment?

Best Debt Funds for Lumpsum Investments
Kotak Savings Fund Ultra Short Duration Fund 1
Nippon India Money Market Fund Money Market Fund 1
ICICI Prudential Short Term Fund Short Duration Fund 1
IDFC Banking and PSU Debt Fund Banking and PSU Fund 1

Which SBI Mutual Fund is best for lumpsum investment?

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SBI Mutual Fund offers both SIP and lump sum ways to invest in equity funds….

  • SBI Technology Opportunities Fund.
  • SBI Small Cap Fund.
  • SBI Magnum COMMA Fund.
  • SBI Magnum Mid Cap Fund.
  • SBI Contra Fund.
  • SBI Focused Equity Fund.
  • SBI Healthcare Opportunities Fund.

How can I make 1cr in 5 years?

To get to Rs 1 crore in five years, you need to invest at least Rs 1.2 lakh, assuming an annual return of 12 per cent per year. You might get around Rs 45 lakhs if you invest Rs 50,000 for five years. Ideally, you should invest for a longer term in equities.

How can I earn 1cr?

Here are a few ideas which made more than 1 crore.

  1. Start a blog and build your audience.
  2. Affiliate marketing.
  3. Sell a Course and leverage it by Live training, workshop, mastermind and personal mentorship.
  4. Write several Books.
  5. Dropshipping.
  6. Software as a service.
  7. Build an App which helps 10 lakh people.
  8. Freelance Expert.

Where is the best place to put a lump sum of money?

If you want to save a lump sum longer term, statistics suggest you’re generally better off investing in stocks and shares – rather than putting it into a savings account. The easiest way to do this is via an investment fund that holds a number of shares chosen by the fund manager and his or her team.

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How do I invest in a lump sum?

There are two ways to invest this amount:

  1. Start a monthly SIP of an amount that you are comfortable with, and this could be Rs 10,000, Rs 20,000, or Rs 50,000. Let the money stay in your bank account till all of it gets invested systematically in the chosen equity funds.
  2. Invest the lump sum in a liquid fund.

What is the best way to invest a lump sum amount?

You have three options: 1 Invest the amount lump sum (at one go) at the current market level. 2 Put the money in a savings account and start SIP for a fixed period. 3 Put the money in savings account or liquid fund and invest in an opportunistic manner (at one go and over multiple installments).

Should you invest in mutual funds for lumpsum investment?

If you have a large chunk of money, and you are clueless about how to channelise that amount in the most fruitful way possible, best mutual funds for lumpsum investment might be a good option for you. Mutual funds have a variety of options.

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How do I invest a lump sum of money in SIP?

1 Invest the amount lump sum (at one go) at the current market level. 2 Put the money in a savings account and start SIP for a fixed period. 3 Put the money in savings account or liquid fund and invest in an opportunistic manner (at one go and over multiple installments).

What is the best lump sum investment plan for equity funds?

Here are some of the best lump sum investment plan for equity fund category: Debt funds invest in bonds and money market instruments of companies. There are up to 15 sub-categories under debt funds. Here are some of the best mutual fund for lumpsum investment under the debt fund category: