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What do you get if you have 10 crores?

What do you get if you have 10 crores?

10 crore target is to figure out the initial capital and the annual returns you would require to achieve over the next 20 years. For example, if you have Rs….Option 1 – Lumpsum Investment To Build Rs. 10 Crore.

Scheme Name (Regular Plan) 20 Year Annualized Return (\%)
SBI Large & Midcap Fund 20.6
HDFC Tax Saver Fund 20.5

What can you do with 20 crore?

Start Investing Via Mutual Funds SIP of Rs. If you need help with selecting schemes, you can check our recommended equity mutual fund portfolios and pick a portfolio based on your risk appetite and SIP amount.

How much interest will I get on 1 crore rupees deposit?

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Different Banks are giving different rates of interest. Where, I = interest, P = principal, N = number of years, R = rate of annual interest. As per above calculation, you would get about 7 lakhs interest per annum on a deposit of 1 crore rupees.

Is Rs 1 crore FD a good source of income?

But jokes apart, the fact is that the monthly interest for Rs 1 crore fixed deposit in the bank might be a decent source of income for many people.

How much interest does RBL Bank give on 1 crore savings account?

Currently, RBL bank gives 7\% for savings account balance of 1 crore and above. Interest is calculated as below: Monthly Interest = Daily Balance * (Number of days) * Interest / (Days in the year) If you invest one crore for the current month (March 2018), you will get an approximate of 59000 INR.

What is the investment return on average per month in India?

Based on prevailing interest rates you will get some 60,000 – 70,000 Rs. per month. However, when you consider this as investment return, you have to take inflation into account. The consumer price index (CPI) in india hovers around 9–10 percent, so on an inflation adjusted basis you are getting negative returns!!