← back
Ask Ep- 144 How To Convert 30L Into 1Cr?
Takeaway
For 30L to 1Cr in 10 years, mutual funds (lump sum or STP) at 14-15% CAGR are more efficient than buying an investment flat or holding low-yield endowment policies.
Summary
- Explains debt fund duration math: SBI Gilt Fund modified duration 5.37, YTM 7.51; 1% yield drop = ~12.8% gain, 1% rise = ~2.14% gain
- At end of rate-cut cycle, long-duration gilt funds are a good portion of the debt portfolio
- Advises against buying a Pune 2BHK flat for investment at 65L with 25K EMI vs investing same in mid/small cap mutual funds
- On endowment policies, surrender is often the best option when expected returns are only ~8.8%
- Converting 30L to 1Cr in 10 years is comfortably achievable via mutual funds at 14-15% CAGR using lump sum or STP
Mutual FundsGilt FundsReal EstateEndowmentSTP
Original description
Get Best & Free Credit cards Apply Now👇 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://tinyurl.com/bdysmh59 You can compare Health Insurance here 👉 https://tinyurl.com/pgc9dcxc . Tijori 15% Discount Link 👉 https://tinyurl.com/vk645vp3 TELEGRAM: https://telegram.openinapp.co/money-purse You can learn Basics of Stock markets for beginners, How to do Fundamental Analysis of a stock or any company, Expert Interviews, Financial Planning, Tax planning , Daily Stock Market News and many more for free in our channel Get free Knowledge and learn how to be a pro in Stock Market Investments and your Personal Finance. You can compare Term Insurance here 👉 https://tinyurl.com/bdysmh59 You can compare Health Insurance here 👉 https://tinyurl.com/pgc9dcxc Stay In Touch👇 Also connect with us on👇 FACEBOOK: https://www.facebook.com/moneypurseadv/?ref=bookmarks INSTAGRAM: https://www.instagram.com/moneypurseadv/ TWITTER: https://twitter.com/Moneypurseadv Thanks for watching.. Team Money Purse What is in for you? 00:00 Why debt funds are not growing? 06:48 Can I invest in P2P lending platforms?08:32 Monthly 30K savings plan 11:35 Sunday Funday 12:22 Unique Real estate investment opportunity with guarantee rental income 13:55 Stocks with opportunity due to Elections 15:23 Investment in flat for rent or investment in MF, which is better? 17:04 Is surrendering these 5 insurance policies advisable? 19:13 How to convert 30L into 1cr?