← back
Ask EP 171 - 22-Year-Old Targeting Rs 10000 Cr by 70 and Stock Picks
Original: Ask EP-171 NRIs కి వచ్చిన భారీ Problem
Takeaway
Rs 10,000 cr by 70 is achievable through step-up SIPs in thematic funds, but entrepreneurship is a faster path for an IIM student.
Summary
- 22-year-old IIM Bangalore MBA student investing Rs 2 lakh/month wants to build Rs 10,000 cr by age 70 via stocks/MFs
- Math: at 12% CAGR reaches Rs 483 cr, at 15% Rs 1397 cr, at 18% Rs 4000 cr, at 20% Rs 8200 cr - achievable with step-up SIPs not flat
- Suggests replacing large-cap allocation with thematic/sectoral funds in IT, healthcare, banking, or manufacturing for next 10 years
- On Shriram Pistons: industry grew 7% but company grew 14%, CNG piston market leader with Bajaj CNG bike upside, Federal-Mogul/Kolbenschmidt JV, new Madhya Pradesh plant commercialised - focus on business not just price
wealth targetSIPstock picks
Original description
To support our channel use the link below IDFC free Credit Card (Free) - https://wee.bnking.in/ZTFkZTc1 AU Credit Card (Free) https://wee.bnking.in/NmZkNGQ4 You can compare Term Insurance here 👉https://bit.ly/46hsSJA You can compare Health Insurance here 👉 https://tinyurl.com/pgc9dcxc TELEGRAM: https://telegram.openinapp.co/money-purse Welcome to Ask Money Purse show, You will get to see us answering the question about Financial Planning, Stock market and more about Finance. Throw your questions in Comment section with #askmoneypurse. In this video you get to see How an investor is planning to create 10000 Crore, NRI having issue with his Investments and more about Financial Markets. Like share and Subscribe!! Stay In Touch👇 Also connect with us on👇 📷Instagram: https://www.instagram.com/moneypurseadv/ 🕊Twitter: https://twitter.com/Moneypurseadv 📱Facebook: https://www.facebook.com/moneypurseadv/ Thanks for watching.. Team Money Purse 00:00 ₹10000 Crore Target 04:57 Long Term View on this stock 06:57 Can Buy this MNC stock ? 07:57 NRIs Big Problem 11:17 Manufacturing funds to Invest? 12:15 Sunday Fun 12:40 Time for these High Quality Stocks 14:56 This is how Frauds happen 17:39 Right time to Buy this IT Stock ?