How to create a corpus of Rs 2 crore in 25 years?
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Joydeep Sen, Founder, wiseinvestor.in responds:
To create a corpus of Rs 2 crore in 25 years, at a growth rate of 10 per cent per year, you need to invest around Rs 15,000 per month via SIPs. To achieve your goal, you need to have a fairly diversified portfolio, with investments in largecap and midcap mutual fund schemes.
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