Best Investment Plans in India to earn one Crore
I have a dream of earning one Crore and I am trying all possible options to achieve this faster. What are the best investment plans in India to earn one Crore? Is it possible to achieve this dream with small savings? To earn one Crore, how much we should save a month. I keep asking this question to me a number of times.
In the last 2 weeks, my mail box is flooded with mails asking, is it possible to grow my money to one Crore, or can we grow money for my children education with Rs 5,000 per month to make to 30 lakhs in 10 years etc. This article should answer all such questions.
Best Investment Plans in India to earn one Crore
- Best blue chip stocks to buy: This was one of the highest viewed articles in 2012 on my blog. Top 10 best stocks to buy can double your investment in a period of 3 to 5 years. Investment in such stocks can be done regularly instead of a single investment. With this option, there would be greater possibility of increasing the investment value. If you invest Rs 20,000 per month in stock market in blue chip stocks, you can earn one Crore in 10 years assuming that you would get 25% annualized returns for long term of 10 years. I feel this is a best investment plan in India to grow money faster.
- Investment in sector based mutual funds: Pharma and FMCG sector based mutual funds has been providing 30%+ annualized returns over the past few years. This is a good investment plan for high risk and high return investors. If you invest Rs 14,000 per month for 10 years, you would earn one Crore. Sector based mutual funds would be very high risk as they concentrate on specific sector.
- Best large cap mutual funds: While there are several mutual fund schemes, there are large cap mutual funds where there is greater possibility of growing our money. The average returns on mutual funds in the last 10 years are 20%. This is one of the best investment Plans in India with less risk. If you invest Rs 27,000 per month in such mutual funds, your money would grow to one Crore.
- Best diversified mutual funds: Like large cap mutual funds and diversified mutual funds also has greater possibility of growing our money. The average returns on mutual funds in the last 10 years are 20%. If you invest Rs 27,000 per month in such mutual funds, your money would grow to one Crore. With diversified mutual funds, the risk would get diversified which makes it as a best investment plan in India.
- Best Bank fixed / recurring deposits: This is one of my favorite best investment plans. All FD’s are not same. There are best bank fixed/recurring deposits where you can become crorepathi in 10 years period. You need to invest Rs 50,000 per month in such fixed deposit schemes to earn one Crore in 10 years.
- Best company fixed deposits: Company fixed deposits would provide higher returns comparing to bank fixed deposits. However one has to be little cautious when investing in such company fixed deposits. These are high risk, high return investments. You can invest Rs 43,000 per month for a return of 12.5% p.a. to earn one crore in 10 years. This can be added as part of the portfolio to smaller portion. With the very high risk involved in these schemes, I am not considering this is a best investment plan in my personal investment portfolio.
- Investment in gold: Who does not love gold? Do you know that investment in gold has provided 25% returns in the last few years? If you invest Rs 22,000 a month in gold ETF’s for next 10 years, you would earn one Crore. This is one of the best investment plans for every Indian.
- Investment in IPO’s: IPO investments in 2011 were bad. However in 2012, Investment in IPO’s (considering investment is done in all IPO’s in 2012), has provided 45% returns. I agree that they may not be consistent every year, but there is greater possibility of multiplying your money if you invest in the IPO’s. This can be considered as one of the best investment plans in your portfolio.
- Investment in Silver: When I discussed this with couple of my friends, everyone has laughed at me. But when I have written an article about “Silver as an investment option”, everyone has started thinking about this. It may take some time for us to digest that this can be treated as one of the best investment plans.
- Investment in real estate: This is one of the investment option, where I could not make much investment in the last few years and I am regretting now. Investment in real estate for long term period of 10 years can definitely help you to reach your goal to earn a Crore. Out of all the best investment plans, this would be the best one.
Conclusion: Above best investment plans can help you to reach your goal of one Crore in 10 years. However instead of investing in single investment option, diversify your investments into multiple options to reach your one Crore goal faster.
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Suresh
Best Investment Plans in India to earn one Crore
Founder at Myinvestmentideas.com
Suresh KP is the Founder of Myinvestmentideas. He is NISM Certified - Investment Adviser and NISM Certified - Research Analyst. He has been analyzing financial markets in the last 20 years.He can be reached at suresh@myinvestmentideas.com
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my mom is retired just n we want her money to b invested smwhere around 30000 to 50000 rs pls guide option invest period will 2- 5 years in diversifeid manner
Vinit, Since you mom is retired, you should look for safe investment options like Sr. Citizen’s FD. There are other safe options like debt mutual funds where you can expect higher returns than bank FD but would be little risk.
Hello Suresh,
Simply put, I am impressed with your investment advisory articles.
I need your guidance on feasible options for a fund of around 30 lakhs that I currently have for short term investment, for example 3, 6 or max. 12 months. Ideally my objective will be to grow the amount I have, through returns beyond which I may normally yield with regular fixed deposit interest rates. I would then like to utilize the returns from such short-term investments of this currently available fund to pay-off around 90 lakhs of my housing loan in periodic intervals.
I trust you can give me some helpful advice on the investment options that are currently available to me in this context.
Thanks in advance.
Best Regards,
John
John, if you are looking for short term investment options for 3 months to 12 months, you can invest in bank FD’s and debt mutual funds. Investment in diversified MF’s or stocks to be done for long term to gain higher returns. If you are looking for 3 years time frame, you can go for diversified mutual funds
Dear Suresh,
Nice article. its is possible to earn 1 crore by combination of above options with minimum monthly investment. if yes please let me know. i am fresher to stock market & want to invet in share/MF for longer period
Regards
Ajay Waghmare
Ajay, If you can invest Rs 20K to Rs 30K per month, you can try and achieve this goal in next 10 years. What is your risk apetite and how eager you want to achieve this and what is that you can pay to take this risk is the question. Since you are fresher to stock market, start investing in Top mutual funds before you make direct investment. Once you are familiar on how equity market runs, you can step in with small investments and increase this year on year. Any stock markets crash needs to be encashed by you at appropriate time.
Don't give false hopes to Indians to make 1 crore rupees easily with small savings. It is not possible to honestly make 1 crore rupees quickly, no matter how long you dream in a day, by any of the above investments.
Investing can make a person rich, but it needs to be done wisely and at the right time. Here are some important principles to keep in mind when investing in India or for that matter, in any country:
1. Invest when the stock market is crashing or has crashed and nobody wants to go near it. In 2008 and 2009, when the stock markets crashed, that would have been the perfect time to invest. Stocks or funds bought at that time would have made huge profits. But that was the time when everybody was scared and did not invest. If everybody were to buy "best" large mutual funds, gold and silver, then everybody should become rich. It doesn't work that way. Remember that, when you buy a fund or stock in the market, somebody is selling it to you. That means, for every buyer who thinks the stock is a good purchase, there is a seller who thinks it is overpriced and it is time to sell it. Only one of them can be right! Stock market does not crash frequently, but on average, there is one major stock market crash at least once every 6 or 7 years. That is the time to take all savings and invest big time.
2. Be patient. Buy a high quality blue chip stock or fund at a low price as indicated above and then hold it for at least 20 years. A person near my house bought shares in ITC stock in 1984 and sold it in 2005 when the market was going up like mad. Most of his purchases were held for at least 20 years. In 20 years time, he made 1 crore rupees in profit. At the time he started investment, his salary was just Rs. 600 per month! The important thing is for the company to still be around for 20 years. Companies like Tata Steel or Reliance will definitely be around for another 20 years. But one cannot pay any price — it needs to be bought cheaply when the stock market crashes and then hold on to it for 20 years. You will make a very large profit.
Shankar, I am 100% with you. What I indicated was the ways to earn one crore “faster” and not how to earn “easily”. Whatever principles you indicated are the excellent one where an investor need to encash such opportunities. Thanks for your comments.
Sir
I HAVE A DOUBT WITH REGARD TO MIS – POST OFFICE. SUPPOSE MR. A, MR. B AND MR. C JOINTLY HAD INVESTED RS. 4.0 LACS IN MIS SCHEME – POST OFFICE. NOW, MR. B WANTS TO INVEST MORE IN MIS. MY DOUBT IS HOW MUCH HE (MR. B) CAN INVEST SINGLY / JOINTLY IN MIS ?
Hi Chaudhary, Individual limit is Rs 4.5 Lakhs and joint limit is Rs 9 Lakhs.
Hey Suresh Nice Article.