Q:My Financial goal is Rs 1 Crore in 10 years and I am planning to do this by investing an initial amount of Rs 5 Lakh through mutual funds. With India booming and great scope for foreign investments ahead in the coming years, I would assume an average annual returns of 25% or more in mutual funds.
Can I achieve my target with this planning?
If not, please let me know the capital amount needed to achieve my target considering the current economic scenario and…
How can I start with Rs 5 Lakh and reach Rs 1 Crore in 10 years?
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