RAISE CORPUS OF 1 CRORE IN 10 YEARS

POSTED BY manishkumar ishwarlal lad ON January 28, 2011 3:04 pm COMMENTS (2)

I WANT TO RAISE A CORPUS OF RS 1 CRORE FOR HIGHER EDUCATION OF MY CHILD AFTER 10 YEARS.HOW MUCH AND HOW TO INVEST IN MF TO RAISE THIS AMOUNT.

2 replies on this article “RAISE CORPUS OF 1 CRORE IN 10 YEARS”

  1. prabeesh says:
    January 28, 2011 at 8:12 pm

    to do this use the jagoinvestor calculator available in the website

    Reply
  2. prabeesh says:
    January 28, 2011 at 8:11 pm

    Need 1 crore

    Years 10

    Inflation 7%

    Increase in Investment per year 10%

    Returns expected 12%

    Result:

    Investment Required per Month
    -> With 10% increase/year : 64022
    -> With constant investment/year : 93414

    Target Amount after 10 years : 19671514

    If returns is 10%

    Investment Required per Month
    -> With 10% increase/year : 69519
    -> With constant investment/year : 102853

    Target Amount after 10 years : 19671514

    Reply

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