What will you do if you get 1 crore?

Suppose If, I get one crore then, I will help poor people and, I will buy new clothes for those people who is suffering from cold. I will donate Rs 2 lakh to Ashram and I will spend 30 lakh for studying M.B.B.S. It is because my aim is to become a Doctor.

What would you do if your investments touched a crore?

“If my investments touched a crore, I would buy two apartments (Rs 40 lakh or Rs 4 million each). I would live in one and give the other on rent. The balance Rs 20 lakh (Rs 2 million) would be put in the bank to earn an interest.”

Where would Rohit Chaturvedi invest his money?

Rohit Chaturvedi says he would sell out 50\% of the investments and invest in any B-city like Indore, Jaipur, Coimbatore or maybe even Pune or Hyderabad. He would invest in two to three properties and give out one or two on rent. The rest of the investment he would sell when he was getting a good price.

Should you invest Rs 1 crore in equity or fixed deposits?

Jamshedpur based Anamika Majumdar, who won Rs 1 crore in 2017, chose to invest in equity through mutual funds. “Most of my winnings are invested in equity mutual funds. While fixed deposits are safe instruments, they do not score high on the returns front,” says Majumdar.

How much can you invest in sips to grow to Rs 1 crore?

For example, Rs 20,000 invested through a monthly SIP for about 15 years can grow to over Rs 1 crore, if you assume a rate of return of 12 per cent, says Nimesh Shah, MD & CEO, ICICI Prudential AMC. So how does one go about it? Read on

How to become a crorepati?

Starting your SIP early is the first condition to becoming a crorepati.“One needs to start early. This will help the investor use the power of compounding. Especially over a long period, the difference between starting to invest early versus starting late can make a significant difference to your wealth,” an analyst said.