A one-time or lump sum investment is a method to invest in mutual funds. In this, investors can park a large amount at one time in a mutual fund. This approach works well for people who have a substantial amount of money to invest and are prepared to put up with possible market volatility in exchange for possibly higher returns. The other way to invest in a mutual fund is SIP (systematic investment plan), in which you invest a fixed amount at regular intervals.
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1/10This article will calculate how many years it will take to generate Rs 1 crore to Rs 4 crore corpus if an individual invests Rs 7 lakh in mutual funds.
2/10If an individual invests Rs 7 lakh in mutual funds, they can create a Rs 1 crore corpus in 24 years.
3/10Invested amount: Rs 7,00,000 Period: 24 years Estimated returns: Rs 99,25,040 Total value: Rs 1,06,25,040
4/10If an individual invests Rs 7 lakh in mutual funds, they can create a Rs 2 crore corpus in 30 years.
5/10Invested amount: Rs 7,00,000 Period: 30 years Estimated returns: Rs 2,02,71,945 Total value: Rs 2,09,71,945
6/10If an individual invests Rs 7 lakh in mutual funds, they can create a Rs 3 crore corpus in 34 years.
7/10Invested amount: Rs 7,00,000 Period: 34 years Estimated returns: Rs 3,22,99,762 Total value: Rs 3,29,99,762
8/10If an individual invests Rs 7 lakh in mutual funds, they can create a Rs 4 crore corpus in 36 years.
9/10Invested amount: Rs 7,00,000 Period: 36 years Estimated returns: Rs 4,06,94,902 Total value: Rs 4,13,94,902
10/10In the above calculations, we have assumed an annualised return of 12 per cent.
Investing in mutual funds is subject to market risks. Consult your advisor before making any investment.