Rs.13 crore.. Is this possible with an investment of 10 thousand per month.. What kind of investment.. How many years?
Can I build a corpus of Rs 13 crore with an investment of Rs 10,000 per month? How is this possible? How many years should the investment be? What is the plan? Let’s see Generally, if the target is huge corpus in crores then mutual funds are seen as the best option.
Systematic Investment Plan (SIP) is also seen as a perfect opportunity to benefit the common man. You can invest in these schemes quarterly or monthly. It will be a useful project in the long run.

SIP :
Above all, through this SIP plan you can invest even from 500 rupees per month. A corpus target of crores can be easily achieved only through this three letter mantra SIP. It is also a program suitable for common people.
Franklin India Prima Fund :
Franklin India Prima Fund today has an Asset Under Management (AUM) of Rs 7370.32 crore. Its NAV ratio is Rs 151.41. The fund was launched in October 1993. In the last 1 year, the fund has seen a return of -7.55%
Stock boom :
The fund has gained 18.04% in the last three years, 9.88% in the last 5 years and 18.94% since its inception. The expense ratio of the same fund is 1.9%. A minimum investment of Rs 5000 can be made in this fund. After that it was increased to Rs.1000. In the same SIP, you can invest even from 500 rupees per month.

Holding companies :
The top holding companies in this fund include Federal Bank Ltd., ICICI Bank, Deepak Nitrate, Citi Union Bank, Apollo Tires, Dent Ltd., Bharat Electronics Ltd., Coromandel International Ltd.
Benefit in the long term :
This fund has declared dividend for 20 consecutive years. It is seen as a great opportunity for long-term investors. So it is considered as the best option for marriage, education, building or buying a house.
How about a year? :
If you invest Rs 10,000 per month in this Franklin India Prima Fund, you will have invested Rs 1.20 lakh in the last one year. This will increase your corpus to 1.28 lakh rupees. If the same had been invested in the last 3 years, it would have increased from 3.60 lakh rupees to 4.92 lakh rupees. It has increased by 21.39% during this period.

7 year status? :
15.56% increase in last 5 years. By this you will have invested 6 lakh rupees in 5 years. This would have increased to 8.85 lakh rupees. The annualized rate of return has increased by 13.82% over the same last 7 years. If 10,000 rupees were invested in this, it would have increased from 10,000 rupees to 8.40 lakh rupees to 13.74 lakh rupees per month.
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How about in 10 years? :
On a 10-year basis, it was 15.59% profitable. In case of investing 10 thousand rupees per month through SIP, it has increased from 12 lakh rupees to 27.15 rupees. The same has given a return of 16.57% in the last 15 years. Through this we will have invested 18 lakh rupees. Your corpus target would have increased to Rs 70.70 lakh.
How about millions? :
If this same fund has invested Rs 10,000 per month since its inception, today it is worth Rs 13 crore. You have invested 34.70 lakh rupees in this fund. Hence, mutual funds are seen as the best investment option for the long term. So this is also seen as the best option to reach the corpus target of crores.