You would need to start investing regularly from now on if you wish to accumulate a fund larger than one crore.
Let's say you are in your mid-twenties and your goal is to accumulate a corpus of Rs 1.5 crore over the course of the following 20 years.
If you want greater returns, you can also speak with an advisor. The average return on mutual funds is typically between 12 and 15 percent.
It can even yield 20 percent profits on occasion. if the return is fifteen percent.
MAHATMA Gandhi, Mahatma You will need to invest just Rs 10,000 every month to build up a corpus of Rs 1.5 crore over the course of the next 20 years.
After 20 years, you will receive Rs 1 crore 52 lakh if you continue in this manner without a break and earn a 15% return.
This amount is provided as an average. The amount of investment can be changed to reflect your changing financial objectives.
Please be aware that there are dangers associated with investing in mutual funds. Thus, thoroughly review all the documents before making any financial investments.