Startup founder who earned Rs 30,000 now invests Rs 52 lakh in SIPs every month

Startup founder and Etica Wealth co-founder Gajendra Kothari has shared details of his personal investment strategy, revealing that he and his family invest Rs 52 lakh every month through mutual fund SIPs. During an appearance on Kunal Jaisingh's podcast, the wealth management entrepreneur also spoke about his financial journey and how his net worth has grown over the years.

Rs 52 lakh monthly SIP and Rs 67 crore net worth

During the podcast, Kothari said his family invests Rs 52 lakh every month in mutual fund SIPs. He also revealed that his net worth has grown from Rs 62 crore to Rs 67 crore within a few years.


Explaining the impact of long-term investing, Kothari said wealth creation reaches a stage where investments begin generating returns on their own. Referring to compounding, he remarked that people often do not realise how quickly their wealth grows over time.

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Journey from a middle-class family to Mumbai

According to his official website, Kothari was born into a middle-class family in Jorhat, Assam. During the podcast, he said he arrived in Mumbai in 2004 with limited financial resources.

He recalled living in a small apartment in Andheri with two roommates, where the monthly rent was Rs 6,000 and each person contributed Rs 2,000. At the time, he earned a salary of Rs 30,000 and said he maintained a modest lifestyle while working hard.

On his website, Kothari also reflected on his early days in Mumbai, recalling how he once stood at Marine Drive and wondered whether he would ever own a sea-facing home.

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Why he advocates investing early

Kothari, a personal finance advisor, said he only began investing in mutual funds at the age of 30. Since then, he has become a strong supporter of disciplined investing, highlighting the role of compound interest in long-term wealth creation.

He said building long-term wealth requires investing in equities, while noting that many Indian families continue to prefer real estate, fixed deposits and gold.

Addressing common misconceptions, Kothari said many people associate equities with stock market speculation. He argued that investing through mutual funds allows individuals to invest in businesses and described it as one of the smartest ways to build wealth over the long term.


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