What is the return on investment of Rs 3 crore?

What is the return on investment of Rs 3 crore?

Assuming you are 55 Years old & have Rs 3 Crores to Invest. Invest in a Plan A = Rs Crores. You get an annual return of Rs 25.27 L PA .This income is guaranteed by govt of India .This is through our your life.

Is 3 crore rupees enough to retire in India?

gor 30-35k income, 70-80 lakhs should be enough. And not 3 crore..always remember the extra money saved always keeps earning during the retired life. The western world will keep sending inflation to India to make their products and services attractive in India and weaken locally made products. So 3 crores is not enough. More like 10 crores.

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Is it possible to make crores from the stock market?

In fact you can make crores. The bad news is you yourself is your biggest enemy of your own investing. Our own self-destructive speculative trading and the mindset to get rich quick from the stock markets is the biggest obstacle to make croresfrom the stock markets.

What if I invest Rs 50000 in equity funds?

Note – It’s assumed that if investing Rs 50000 in equity funds, you have already taken care of debt investments (via PF, PPF, debt funds, etc.) in accordance with your asset allocation based investment plan. It is also assumed that you wish to invest for at least 5 years.

Is 10 crore a lot of money to buy a house?

10 crores indeed is a lot of money, but when it comes to investing it in a place that you will call home, it becomes worth the hole in your pocket. A ten-crore budget will get you a spacious and luxurious home in some of the best localities in most cities of India!

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Where can I live in India on a 10 crore budget?

This is what a budget of 10 Crores gets you in the 8 cities of Mumbai, New Delhi, Hyderabad, Bangalore, Chennai, Pune, Gurgaon, and Noida. If you can afford these, kudos to you.

Is term insurance cover of Rs 3 crore enough?

That cover was clearly not enough. So, would that mean he would need to pay more to get a bigger cover? Actually he could pay less. For, a term insurance cover of Rs 3 crore is available in the range of Rs 35,000-40,000 to cover him till his retirement.