Here's a plan describing how you can reach Rs. 1 Crore when you have Rs. 5 Lakh to begin with...and a salary. To read the article this slideshow is based on go to: http://bit.ly/5-L-to-1CR

1. 5 Lakh to 1 crore in 10 years

2. “I want to get to a crore in 10 years – but I only have 5 lakhs to start!”

3. Bro, Let’s
get real!
“Rs. 5 Lakh will have a tough time becoming Rs. 1 Crore in 10 years. Even
If you invest in equity mutual funds….because realistically they grow your
money by 14%-16% annually. Anything more is not something you
should plan for.

4. “So you are saying it’s impossible!”

5. “Hah…Nope….You can reach a crore….
if you can save an additional
Rs. 20,000 each month”

6. Wait for it…..
there’s more to do!

7. Second year till
the 10th year
• Increase your SIP
amount by 15% to Rs.
23000in the second
year. Keep investing
the amount in equity
mutual funds.
• Repeat this 15%
increase in SIP amount
every year for the next
8 years.

8. Yay! You are
there!
• At the end of 10 years,
you should have Rs.
1.05 Crore
• Your 10th year SIP
amount would be about
Rs. 70,000

9. All this will happen
assuming….
• Equity mutual fund give you
14%-16% returns over the long
term (7 years and beyond).
• You don’t stop your SIP or
withdraw from it before 10 years
are up.
• You keep increasing your SIP
amount by 15% every year.

10. Now it’s time
to get started!!