Advisorkhoj Become A Crorepati Calculator

You might also like

Download as pdf or txt
Download as pdf or txt
You are on page 1of 2

Become A Crorepati URL:

https://www.advisorkhoj.com/tools-and-calculators/become-a-crorepati-calculator

Become A Crorepati

Your Input Values

Name Value

How many Crores (at current value) you would


Rs. 1,00,00,000
need to consider yourself wealthy (Rs)

Your current age (in years) 44 Years

The age when you want to become a Crorepati


50 Years
(in years)

The expected rate of inflation over the years (%


5%
per annum)

What rate of return would you expect your SIP


15%
investment to generate (% per annum)

How much savings you have now (Rs) Rs. 2500000

Result

Name Value

Your targeted Wealth Amount (Inflation


Rs. 1,34,00,956
adjusted)

Growth of your Savings Amount (15% per


Rs. 57,82,652
annum)

Final Targeted Amount (Minus growth of your


Rs. 76,18,304
saving amount)

Number of Years 6 Years

Monthly SIP investment required to become


Rs. 65,047
Crorepati
Total Amount Invested through SIP in 6 years Rs. 46,83,384

Total Growth Amount Rs. 29,34,920

You might also like