Table of Contents
How to earn 1 Crore in 20 years?
10 crore in the next 20 years….Option 1 – Lumpsum Investment To Build Rs. 10 Crore.
|Scheme Name (Regular Plan)||20 Year Annualized Return (\%)|
|SBI Long Term Equity Fund||21.0|
|ICICI Prudential Technology Fund||20.7|
|SBI Large & Midcap Fund||20.6|
|HDFC Tax Saver Fund||20.5|
How to get 1 Cr in 10 years?
To build a corpus of Rs. 1 Crore in 10 years, you will have to invest Rs. 50,000 per month if we assume the post-tax return of 10\% p.a. If you want to build the same in 12 years, then you will have to invest Rs. 37,000 per month.
How much to invest to make 1 Crore in 5 years?
To accumulate a corpus of Rs 1 Crore in 5 years, with an expected rate of return as 9 \%, you would have to start a monthly SIP of Rs 131597 per month.
What will be the value of rupee after 30 years?
Assuming 7\% inflation, Rs 1,00,000 today will be worth Rs 13,000 after 30 years. In simple terms, this means that things will become costlier and years later you will be able to buy much less with the same amount of money.
What is the age limit for LIC policy?
Age for the most of the LIC policies are considered according to nearest birthday, for example, if a person is 26 Years, 5 Months and 23 Days old then his/her age will be counted as 26 years but if it is 26 Years, 6 Months and 23 Days, then his/her age will be counted as 27 years.
How to choose the best LIC policy for your financial goals?
So, plan your financial goals and then find the best LIC policy which best suits your financial goals. Invest in any of the above-mentioned policies and enjoy the benefits which the policy promises. To buy LIC’s policies you can choose Turtlemint.
Which is the best LIC plan for child insurance?
LIC’s most popular child plan: LIC’s Jeevan Tarun Plan 1 There are four money back benefits to choose from 2 Bonuses help increase the plan benefits 3 There is an optional premium waiver benefit rider for an enhanced coverage 4 There are two types of premium rebates which help in lowering the premium amount.
Is LIC a monopoly in the life insurance business?
Since then, till the year 2000, the company has enjoyed a monopoly position in the life insurance segment and has created a customer base of more than 250 million individuals. Every individual has an inherent trust in LIC’s brand name which has resulted in the company having the largest market share in the life insurance business.