Investors planning to put Rs 20,000 a month into a portfolio can reach a crore in roughly 10 to 12 years, depending on the annual return rate. A 7% return accelerates the goal to about 11 years, while a 10% return brings it closer to 9 years. Understanding the impact of compound interest helps set realistic timelines.
Investors planning to put Rs 20,000 a month into a portfolio can reach a crore in roughly 10 to 12 years, depending on the annual return rate. A 7% return accelerates the goal to about 11 years, while a 10% return brings it closer to 9 years. Understanding the impact of compound interest helps set realistic timelines.