How Should I Accumulate ₹1 Cr In Six Years To Fund My Home?
Mint Mumbai|January 25, 2024
Your plan to step up the SIPS every year to build a downpayment corpus is good as you would have been able to reach around 44-48 lakh with the present monthly investment in six years if we assume an annual return of 10% and 12%.
How Should I Accumulate ₹1 Cr In Six Years To Fund My Home?

To cover the difference amount, a step-up strategy will be quite effective. Assuming the same rate of returns, you need to increase your SIPs by 35-40% every year.

هذه القصة مأخوذة من طبعة January 25, 2024 من Mint Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة January 25, 2024 من Mint Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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