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Rs 13,00,000 One-time Investment in Mutual Funds: How many years will it take to create a Rs 3 crore- Rs 6 crore corpus at a given rate?
- Written by Bhawna Gupta
Published: Zee Business| Updated: Zee Business
Investing in mutual funds using the one-time (lump sum) method can be a good idea if an individual has idle money, as they need to invest a large sum for a long time and wait for their money to grow. On the other hand, a SIP (systematic investment plan) makes you invest a fixed amount regularly. In this article, we will explore how lump sum investment works. We will also calculate how you can create Rs 3 crore, Rs 4 crore, Rs 5 crore, and Rs 6 crore corpus by making a Rs 13,00,000 one-time investment.
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How to achieve Rs 3,00,00,000 corpus
1/8If a person invests Rs 13 lakh in mutual funds, they will be able to achieve over Rs 3,00,00,000 in 28 years, calculations show.
2/8
Calculations of Rs 3 crore corpus
2/8Invested amount: Rs 13,00,000 Period: 28 years Estimated returns: Rs 2,97,49,026 Total value: Rs 3,10,49,026
3/8
How to achieve Rs 4,00,00,000 corpus
3/8If a person invests Rs 13 lakh in mutual funds, they will be able to achieve over Rs 4,00,00,000 in 31 years, calculations show.
4/8
Calculations of Rs 4 crore corpus
4/8Invested amount: Rs 13,00,000 Period: 31 years Estimated returns: Rs 4,23,21,647 Total value: Rs 4,36,21,647
5/8
How to achieve Rs 5,00,00,000 corpus
5/8If a person invests Rs 13 lakh in mutual funds, they will be able to achieve over Rs 5,00,00,000 in 33 years, calculations show.
6/8
Calculations of Rs 5 crore corpus
6/8Invested amount: Rs 13,00,000 Period: 33 years Estimated returns: Rs 5,34,18,994 Total value: Rs 5,47,18,994
7/8
How to achieve Rs 6,00,00,000 corpus
7/8If a person invests Rs 13 lakh in mutual funds, they will be able to achieve over Rs 6,00,00,000 in 34 years, calculations show.
8/8
Calculations of Rs 6 crore corpus
8/8Invested amount: Rs 13,00,000 Period: 34 years Estimated returns: Rs 5,99,85,273 Total value: Rs 6,12,85,273
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