Jul 25, 2017

लखपति से करोड़पति कैसे बनें? From Rs 1 Lakh to 1 Crore in 21 years is a reality

Here is a real news about - लखपति से करोड़पति कैसे बनें. How to a owner of Rs Crore from Rs Lakh?

If you had invested only Rs 1 Lakh in a Mutual Fund 21 years ago then by now you had Rs 1 Crore. Suppose that time your age was 30. So, by this time at the age of 51, you could have owned 1 Cr Rupee to spend.

Reliance Growth Fund started in 1995 at Rs 10. Now, its NAV is Rs 1000 in May.

Reliance Growth Fund, a mid-cap oriented fund, is primarily invested in financial, information technology, industrials and healthcare companies.

Read yourself about it - How Mutual Fund had made you crorepati?

I assume, if you had known about it then you may have invested more than 1 Lakh.
1 Lakh in 1995 = 1 Cr by now, then
10 Lakh = 10 Cr by now.
5 Lakh = 5 Cr by now.

So, invest some money in Stock market. Just don't buy bad businesses.