लखपति से करोड़पति कैसे बनें? From Rs 1 Lakh to 1 Crore in 21 years is a reality

Here is a real news about - लखपति से करोड़पति कैसे बनें. How to a owner of Rs Crore from Rs Lakh?

If you had invested only Rs 1 Lakh in a Mutual Fund 21 years ago then by now you had Rs 1 Crore. Suppose that time your age was 30. So, by this time at the age of 51, you could have owned 1 Cr Rupee to spend.

Reliance Growth Fund started in 1995 at Rs 10. Now, its NAV is Rs 1000 in May.

Reliance Growth Fund, a mid-cap oriented fund, is primarily invested in financial, information technology, industrials and healthcare companies.

Read yourself about it - How Mutual Fund had made you crorepati?

I assume, if you had known about it then you may have invested more than 1 Lakh.
1 Lakh in 1995 = 1 Cr by now, then
10 Lakh = 10 Cr by now.
5 Lakh = 5 Cr by now.

So, invest some money in Stock market. Just don't buy bad businesses.

Investing in Mutual Fund instead of Directly Investing in Equity

Investing in equity directly can be mind spinning job for many. How to identify stocks to buy, when to sell the stock and what could be the upside in any stocks? There are many more questions that can arise when you go for investing in stocks.

Mutual Fund saves you from all the above problems and more than that. But which mutual fund is better for you? This is one question you need to face. There are many mutual funds in market having different hue and color. Mutual fund comes with different shape and size.

When you go to choose mutual fund, just remember that just one year return is not that enough. Many mutual fund gives far better return in first year but not after that. So, take into account for mutual fund that has given return over few years.

Here it tells that only few percentage of fund manager could manage similar return after few years of investment what they showed in first year. Image has link to original article.