MagicalSushi
MagicalSushi

Best way to accumulate corpus of 1Cr

I would like to buy a house in next 5 years. Estimating the price of house I might need would be 5cr by that time. So I would need a down payment of 1 cr. How can I plan my SIP today and how much amount I should be investing.

11mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
PeppyDonut
PeppyDonut
PayTM11mo

It’s so simple. Invest ₹1.5 lakhs every month in equity. Within next 5 years you’ll have a corpus of ₹1.2cr. No rocket science.

MagicalSushi
MagicalSushi

Which stocks? ETF? Mutual funds?

PeppyDonut
PeppyDonut
PayTM11mo

If you have the time and knowledge of finding the right stocks and rebalancing them every quarter then invest directly in stocks else you can go with mutual funds/ETFs or smallcases.

FluffyNugget
FluffyNugget
Plivo11mo

By the time u make it, house will cost 2 Cr. 💀

Aree bhai 😅

Discover more
Curated from across
Personal Finance

Aiming at my first CRORE

I am a software engineer with 2.5 years of experience. I currently earn around 1+ Lac/month post taxes.

I am looking to sustain and grow in the IT field until it takes a toll on the health and family. I am aiming to reach to my first cr...